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The Confederation of British Industry (CBI) released its industrial order books balance on Monday. The CBI industrial order books balance dropped to zero in March from +10% in February.
Analysts expected the CBI industrial order books balance to decrease to +9%.
The decline was driven by a stronger pound and a weak economy in the Eurozone.
The CBI's director for economics Rain Newton-Smith said that "sluggish export performance seems to be a headache that won't go away".
He noted that "measures in the budget to support exporters should be a welcome boost for the sector's longer-term prospects".
Volume of output for the next three months fell to +22 in March, down from +25 in February.
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