UK July CBI trends total orders 17 vs 16 expected 0 (0)

Latest data released by CBI – 22 July 2021
Of note, quarterly business optimism fell from +38 in Q2 to +27 in Q3. The drop in the order book balance i.e. headline reading is also the first since April, pointing to some stagnation in the recovery pace. That said, price expectations also declined for the first

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BOE’s Broadbent: We put a lot of weight on inflation expectations; they are showing mixed picture 0 (0)

Further remarks by Broadbent
On his final remark, he’s alluding to the fact that there might be negative inflation seen in some categories around this time next year i.e. shipping costs and commodities, after the rise due to pent-up demand and economic reopening from this year.

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