The Confederation of British Industry's order book balance rose 19 points from the previous month to -5 in March of 2021, its highest reading since April of 2019 and beating market expectations of -20. The output expectations index jumped 32 points to +30, the highest since August of 2017, and the gauge for export order book improved 19 points to -20. Manufacturers anticipate output price growth will accelerate quickly in the next quarter (20 vs 3), the strongest since February 2019. Also, firms reported inventories as being broadly adequate, which, nonetheless, was their weakest balance since December 2017 (-3 vs +8). “Looking ahead, the Government should remain focussed on measures to reinforce a recovery, with an eye to boosting the UK’s competitiveness over the long-term. Rapid progress in the rollout of the vaccine will be crucial in driving a recovery business confidence”, Anna Leach, CBI Deputy Chief Economist, said. source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -18.76 Net Balance from 1977 until 2021, 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 April of 2021.

Factory Orders in the United Kingdom is expected to be -19.00 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 12.00 in 12 months time. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around 8.00 Net Balance in 2022 and 5.00 Net Balance in 2023, according to our econometric models.

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United Kingdom CBI Industrial Trends Orders

Actual Previous Highest Lowest Dates Unit Frequency
-5.00 -24.00 21.00 -79.00 1977 - 2021 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-18 11:00 AM Dec -25 -40 -34 -27
2021-01-21 11:00 AM Jan -38 -25 -35 -30
2021-02-19 11:00 AM Feb -24 -38 -35 -36
2021-03-23 11:00 AM Mar -5 -24 -20 -19
2021-04-23 10:00 AM Apr -5 5
2021-05-21 10:00 AM May
2021-06-22 10:00 AM Jun
2021-07-23 10:00 AM Jul


News Stream
UK Factory Orders Balance at Near 2-Year High
The Confederation of British Industry's order book balance rose 19 points from the previous month to -5 in March of 2021, its highest reading since April of 2019 and beating market expectations of -20. The output expectations index jumped 32 points to +30, the highest since August of 2017, and the gauge for export order book improved 19 points to -20. Manufacturers anticipate output price growth will accelerate quickly in the next quarter (20 vs 3), the strongest since February 2019. Also, firms reported inventories as being broadly adequate, which, nonetheless, was their weakest balance since December 2017 (-3 vs +8). “Looking ahead, the Government should remain focussed on measures to reinforce a recovery, with an eye to boosting the UK’s competitiveness over the long-term. Rapid progress in the rollout of the vaccine will be crucial in driving a recovery business confidence”, Anna Leach, CBI Deputy Chief Economist, said.
2021-03-23
UK Factory Orders Gauge at 1-Year High
The Confederation of British Industry's order book balance rose 14 points from the previous month to -24 in February 2021, its highest reading since February 2020 and well above market expectations of -35. The output expectations index rose 22 points to -2, while the gauge for export order book decreased 6 points to -39. "Manufacturing activity remains patchy, but so far appears to have taken a smaller hit than in previous lockdowns. However, a stubbornly mixed picture persists among the different manufacturing sub-sectors, pointing to the asymmetric impact of restrictions", Alpesh Paleja, CBI Lead Economist, said.
2021-02-19
UK Factory Orders Gauge Falls More than Forecast
The Confederation of British Industry's order book balance fell 13 points from the previous month to -38 in January 2021, worse than market expectations of -35. The output expectations index dropped 18 points to -24, the lowest since last June, while the gauge for export order book increased 11 points to -33.
2021-01-21
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

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.