--CBI: Net -26% UK firms say July total orders above normal
--CBI: Net -35% UK firms see output up in next 4 months
--CBI: UK mfg export optimism sharpest qtrly fall since Oct '98
--CBI: Net -16% UK firms see avg prices up in next 4 months
--CBI: Net -35% UK firms say July export order book above normal
--CBI calls for another cut in UK interest rates
--CBI says slowdown in US, Germany hitting UK mfg exports
--CBI: UK manufacturers expect further job losses in coming months

By David Robinson
London, July 25 (BridgeNews) - The Confederation of British Industry's July survey has shown further signs of deterioration in the U.K.'s manufacturing sector. Both export and total orders fell on the month and optimism fell at its fastest quarterly rate for more than 2 years, the survey showed. The Chairman of the CBI's economic affairs committee Mick Reilly said the sector needed another boost from an interest rate cut.