CBI Industrial Trends Survey total orders higher than estimates

FXStreet (London) - The Confederation of British Industry's Industrial Trends Survey showed that total orders came in at +5 in December. Export orders slowed declines to -13 from -17 in November. Volume of output for the last 3 months declined to +13 from +15 in November, however it is expected that output over the next 3 months will rise to +16 from +12. Average selling prices in the next 3 months are expected to rise +7 in December from -1 in November.