Slow order books, claims CBI

The print market will not have been given much ground for optimism by the CBIs June survey of industrial trends

The print market will not have been given much ground for optimism by the CBIs June survey of industrial trends.


UK manufacturers ex-pect domestic prices to fall more quickly than at any time since last September, it claimed.


Only 9% thought average prices at which domestic prices are booked would go up, with 26% saying they would go down, giving a balance of minus 17 compared to last months minus 12.


Total order books were still "significantly below normal" at minus 22, while export order books hit minus 29 a slight increase on May.


Sudhir Junankar, the CBIs associate director of economic analysis, said the downturn would gather pace as the grip of domestic competitive pressures tightened.