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UK Factory Orders Surge in May

M. Ali 20 May, 2021 8:00 pm Market Update

Industrial orders in the United Kingdom (UK) rose this month by the fastest pace since December 2017, data showed on Thursday.

The industrial orders balance increased to 17 in May from -8 in April, according to the Confederation of British Industry (CBI).

During the past three months, the total growth in industrial output was the largest since December 2018.

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