The adverse balance
for domestic orders has risen to minus 50 per cent from minus 38 per cent in October and minus one a year ago, Ian McCafferty, the CBI's chief economic adviser, stressed that these survey findings related to changes from one quarter to the next.
In export sales, an adverse balance
of minus 27 per cent was down by 19 points from a relatively resilient third quarter and 15 points worse than the UK average.
The adverse balance
of those describing their order books as "above normal", rather than "below normal", dipped only marginally to minus 35 from minus 38 in November and minus 39 in October.
That compared with an adverse balance
of minus11 per cent across Great Britain, itself down sharply from plus15 per cent in the previous survey.
The resulting adverse balance
of minus 452 per cent is the lowest since September 1980.
Manufacturing export sales took a marked turn for the worse with an adverse balance
of eight per cent replacing a positive 17 per cent in the last survey and 11 points short of the national average.
Taking the latest three months together to smooth out short-term volatility, the adverse balance
still came out at 30 per cent, another all time low.
This is more than explained by three factors lower volume, higher warranty costs and adverse balance
sheet exchange effects.
He informed that Pakistan has been consistently facing an adverse balance
of trade with Ukraine and it is high time to find new ways and means to reduce the trade imbalance.
He said Pakistan has always experienced an adverse balance
of trade with Iran, which suggests that Iran needs to import more from Pakistan to create a win - win situation for both the countries.
For instance, an adverse balance
sheet shock could be the result of an unexpected drop in the price of real estate or financial assets.
The cushion against this adverse situation resulting from reduced export earning and reduced investment has been remittance, which has, to a degree, helped with the country's adverse balance
of payment situation.