The Confederation of British Industry's order book balance rose 15 points from the previous month to -25 in December 2020, its highest level since February and beating market expectations of -34. The gauge for export order book increased to -44 from -51 in November, while the output expectations index advanced to -6 from -10. "The rollout of the Covid vaccine brings hope that conditions for manufacturers will improve in the coming months," CBI deputy chief economist Anna Leach said. "The government must continue to do what it can to support companies through the winter while demand remains disrupted by Covid restrictions," she added. source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -18.74 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. United Kingdom CBI Industrial Trends Orders - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Factory Orders in the United Kingdom is expected to be -27.00 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 9.00 in 12 months time. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around 12.00 Net Balance in 2021 and 8.00 Net Balance in 2022, according to our econometric models.

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United Kingdom CBI Industrial Trends Orders

Actual Previous Highest Lowest Dates Unit Frequency
-25.00 -40.00 21.00 -79.00 1977 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-22 10:00 AM Sep -48 -44 -40 -40
2020-10-22 10:00 AM Oct -34 -48 -45 -42
2020-11-19 11:00 AM Nov -40 -34 -39 -26
2020-12-18 11:00 AM Dec -25 -40 -34 -27
2021-01-21 11:00 AM Jan -25 -30
2021-02-19 11:00 AM Feb
2021-03-24 11:00 AM Mar
2021-04-23 10:00 AM Apr


News Stream
UK Factory Orders Gauge Improves to 10-Month High
The Confederation of British Industry's order book balance rose 15 points from the previous month to -25 in December 2020, its highest level since February and beating market expectations of -34. The gauge for export order book increased to -44 from -51 in November, while the output expectations index advanced to -6 from -10. "The rollout of the Covid vaccine brings hope that conditions for manufacturers will improve in the coming months," CBI deputy chief economist Anna Leach said. "The government must continue to do what it can to support companies through the winter while demand remains disrupted by Covid restrictions," she added.
2020-12-18
UK Factory Orders Fall Faster in November
The Confederation of British Industry's order book balance fell 6 points to -40 in November of 2020, and slightly worse than market expectations of -39. Export orders also declined (-51 vs -46) and output expectations worsened (-10 vs +15) "Output volumes have declined at their slowest pace in over a year in our November survey. But order books have softened again as global demand has been hit by intensified lockdowns, and manufacturers have trimmed their expectations," CBI deputy chief economist Anna Leach said.
2020-11-19
UK Factory Orders Gauge Improves to 7-Month High
The Confederation of British Industry's order book balance rose 14 points to -34 in October 2020, its highest level since March and beating market expectations of -45. Still, the latest reading suggested conditions remain tough in the manufacturing sector. The gauge for export order book increased to -46 from -56, while output expectations returned to positive territory (15 vs -6).
2020-10-22
UK September Factory Orders Below Forecasts
The Confederation of British Industry's order book balance dropped four points to -48 in September 2020, below market expectations of -40, suggesting the manufacturing sector remained severely depressed despite the country's reopening efforts. The outlook for production over the next three months also weakened.
2020-09-22

United Kingdom CBI Industrial Trends Orders
In the United Kingdom, the Confederation of British Industry‘s Industrial Trends Survey of total order book balance tracks changes in the level of factory orders from around 500 companies across 38 sectors of manufacturing industry. The survey covers domestic and export orders, stocks, price, investment intentions and output expectations. For each variable, manufacturers are asked if present situation is above normal, normal or below normal. The results are presented as a weighted percentage balance, that is, the difference between the percentage of respondents replying more or up to each question minus the percentage replying less or down.