FX.co ★ UK Manufacturing Orders Fall at Slower Pace: CBI

The Confederation of British Industry (CBI) survey indicated an improvement in the UK's total order book balance, rising to -27 in September 2025 from -33 in July, slightly surpassing market forecasts of -30. Despite this modest recovery, the manufacturing sector remains fragile, with companies expressing concerns about the upcoming November budget, prevailing economic conditions, elevated energy costs, and challenges in hiring skilled workforce. The CBI's output measure for the next quarter decreased slightly to -14 from -13, while export orders increased to -32, yet they continue to fall short of the long-term average of -19. Additionally, the manufacturers' expectations for price increases over the ensuing three months have declined to their lowest point since October 2024.