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The Confederation of British Industry (CBI) released its industrial order books balance. The CBI industrial order books balance climbed to 3% in November from -6% in October, beating expectations for an increase to -3%.
The CBI's director for economics Rain Newton-Smith said that the manufacturing output remained strong, but the slowdown of the growth is expected due global risks.
He noted that manufacturers have problems in exports markets due to a slowdown of the economic growth in the Eurozone or in China.