The CBI Business Optimism Indicator for the UK increased to -13 in the second quarter of 2019 from -23 in the previous three-month period. It was the highest reading since the third quarter of 2018, mainly due to the Brexit delay. Sentiment regarding export prospects for the year ahead fell, but to a lesser extent than in the previous quarter. However, the proportion of firms citing political/economic conditions abroad as a factor likely to limit export orders in the next three months was at its highest since January 1983. The three months to April saw an unprecedented acceleration in the growth of stocks held by the manufacturing sector. Stocks of raw materials, work in progress, and finished goods all grew at their fastest (respective) paces on record. Looking ahead, though, manufacturers expect stocks to fall across the board in the next quarter. Business Confidence in the United Kingdom averaged -3.54 Index Points from 1958 until 2019, reaching an all time high of 55 Index Points in the third quarter of 1959 and a record low of -75 Index Points in the first quarter of 1974.

Business Confidence in the United Kingdom is expected to be -12.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in the United Kingdom to stand at -6.00 in 12 months time. In the long-term, the United Kingdom Business Confidence is projected to trend around 2.00 Index Points in 2020, according to our econometric models.

United Kingdom Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-24 10:00 AM CBI Business Optimism Index -3 -4 5
2018-10-23 10:00 AM CBI Business Optimism Index -16 -3 -8
2019-01-23 11:00 AM CBI Business Optimism Index -23 -16 -26
2019-04-26 10:00 AM CBI Business Optimism Index -13 -23 -12
2019-07-24 10:00 AM CBI Business Optimism Index -14
2019-10-23 10:00 AM CBI Business Optimism Index -10


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -13.00 -23.00 55.00 -75.00 Index Points [+]
Manufacturing PMI 53.10 55.10 61.50 34.40 [+]
Services PMI 50.40 48.90 62.50 40.10 Index Points [+]
Industrial Production 1.30 0.40 22.70 -11.90 percent [+]
Industrial Production Mom 0.70 0.60 9.90 -8.00 percent [+]
Manufacturing Production 2.60 1.20 19.60 -16.90 percent [+]
Capacity Utilization 80.70 81.30 85.20 38.00 percent [+]
New Orders 10747.00 11075.00 25109.00 9381.00 GBP Million [+]
Factory Orders -5.00 1.00 21.00 -79.00 Net Balance [+]
Changes in Inventories 4600.00 4241.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4188.00 4725.00 6509.00 924.00 Companies [+]
Corporate Profits 115312.00 112291.00 115312.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -56.10 -62.00 61.00 -77.20 [+]
Car Production 126195.00 123203.00 185157.00 43773.00 Units [+]
Car Registrations 161064.00 458054.00 562337.00 33051.00 [+]
Small Business Sentiment -13.00 -31.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Leading Economic Index 0.50 0.30 1.90 -2.10 percent [+]
Private Investment 0.50 -0.90 63.70 -33.70 percent [+]
Mining Production 9.80 5.50 854.60 -90.50 percent [+]
Steel Production 735.00 485.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.99 82.11 82.11 5.18 Points [+]
Competitiveness Rank 8.00 6.00 13.00 2.00 [+]
Composite Pmi 50.90 50.00 61.80 47.60 [+]
Crude Oil Rigs 11.00 11.00 32.00 3.00 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 27054.00 32455.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 80.00 82.00 87.00 74.00 Points [+]
Corruption Rank 11.00 8.00 20.00 8.00 [+]


United Kingdom Business Confidence

In the United Kingdom, the Business Optimism Index is published by the Confederation of British Industry's in its Industrial Trends Survey. An average of 400 small, medium and large companies from the manufacturing sector is surveyed each quarter. The Questionnaire accesses the overall sentiment regarding general and export business situation, investment, capacity, order books, employment, output, stocks, prices competitiveness regarding domestic, EU and non-EU markets and innovation and training. For each assessment is computed a sub-index as the percentage of positive answers minus the percentage of negative answers. The composite index is then computed as the weighted average of the sub-indices. An Optimism Index of +100 indicates that all survey respondents are much more confident about future prospects, while -100 suggests that all survey respondents are much less confident about future prospects. An index level of 0 indicates neutrality. This page provides - United Kingdom Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Business Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-13.00 -23.00 55.00 -75.00 1958 - 2019 Index Points Quarterly




Country Last Previous
Australia 0.00 Apr/19
Brazil 58.40 Apr/19
Canada 55.90 Apr/19
China 50.10 Apr/19
Euro Area 0.42 Apr/19
France 101.00 Apr/19
Germany 99.20 Apr/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 53.00 Apr/19
Netherlands 6.70 Apr/19
Russia -2.00 Apr/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Mar/19
South Korea 75.00 Apr/19
Spain -3.80 Apr/19
Switzerland 96.20 Apr/19
Turkey 105.50 Apr/19
United Kingdom -13.00 Jun/19
United States 52.80 Apr/19


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