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.

Factory Orders in the United Kingdom averaged -18.66 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 October of 2020. source: Confederation of British Industry

Factory Orders in the United Kingdom is expected to be -40.00 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 10.00 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
-48.00 -44.00 21.00 -79.00 1977 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-22 10:00 AM Jun -58 -62 -30
2020-07-23 10:00 AM Jul -46 -58 -38 -34
2020-08-21 10:00 AM Aug -44 -46 -35 -30
2020-09-22 10:00 AM Sep -48 -44 -40 -40
2020-10-22 10:00 AM Oct -48 -42
2020-11-19 11:00 AM Nov
2020-12-18 11:00 AM Dec -27
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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
UK Factory Orders Remain Sharply Low
The Confederation of British Industry's order book balance rose to -44 in August 2020, the highest since March, but missed market expectations of -35. The latest reading suggested the manufacturing sector remained "severely depressed", with the number of firms reporting below-normal levels of orders still outnumbering by a wide margin those reporting above-normal orders. The export order book index increased to -60 from -64 in July, while stocks of finished products were sharply higher at +21 vs +19. At the same time, the gauge for output expectations fell into negative territory (-10 vs +15 in July), as well as domestic price outlook (-5 vs +4).
2020-08-21
UK Factory Orders Remain Weak
The Confederation of British Industry's total order book balance rose to -46 in July of 2020 from -58 in June, below market expectations of -38 and pointing to the smallest decline in factory orders since March. The manufacturing output expectations balance advanced to +15 in July from -30 in the previous month, its highest since September of 2018. Also, export order books increased to -64 from -79 and the stocks of finished goods growth accelerated (+19 vs +2). In addition, average selling prices are expected to increase (+4 vs -10).
2020-07-23
UK Factory Orders Remain Weak: CBI
The Confederation of British Industry's total order book balance rose to -58 in June 2020 from an over 38-year low of -62 in the previous month. Still, it was the lowest reading since July 2009, amid the coronavirus pandemic. In addition, the measure for output over a three-month period dropped to a fresh record low of -57 from -54 in May. Export order books worsened to a record low of -79 from -55. Also, stocks of finished goods growth slowed (+20 vs +23 in May) while average selling prices are expected to fall at a softer pace (-10 vs -20 in May).
2020-06-22

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.