The CBI's monthly order book balance in the UK increased to -22 in January 2020 from -28 in the previous month, slightly above market expectations of -23. There was an improvement in export order book (-21 vs -35 in December) and output expectations (+4 vs -7), while domestic price outlook eased (+2 vs +6) and stocks of finished products increased (+26 vs +24).
Factory Orders in the United Kingdom averaged -18.24 Net Balance from 1977 until 2020, reaching an all time high of 21 Net Balance in May of 1988 and a record low of -79 Net Balance in October of 1980. This page provides the latest reported value for - United Kingdom CBI Industrial Trends Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Confederation of British Industry
Factory Orders in the United Kingdom is expected to be -18.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders in the United Kingdom to stand at -8.00 in 12 months time. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around -4.00 Net Balance in 2020, according to our econometric models.