The Confederation of British Industry's order book balance fell to 8 in July of 2022, the lowest reading since April of 2021, from 18 in the previous month. Both export orders (-12 vs +1) and stocks of finished goods (-7 vs +2) declined and output expectations eased (+6 vs +20). At the same time, domestic price growth is seen slowing (+48 vs +58). “The manufacturing sector has been an economic bright spot in recent months, but output and orders have softened amid ongoing cost pressures, supply challenges and a generalised weakening in economic conditions both in the UK and globally. It is encouraging, however, to see investment intentions firming", Anna Leach, CBI Deputy Chief Economist, said. source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -17.69 Net Balance from 1977 until 2022, reaching an all time high of 26 Net Balance in November of 2021 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 August of 2022.

Factory Orders in the United Kingdom is expected to be 10.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around 5.00 Net Balance in 2023 and 1.00 Net Balance in 2024, according to our econometric models.

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United Kingdom CBI Industrial Trends Orders



Calendar GMT Actual Previous Consensus TEForecast
2022-06-21 10:00 AM Jun 18 26 22 15
2022-07-25 10:00 AM Jul 8 18 15
2022-08-23 10:00 AM Aug 8


Related Last Previous Unit Reference
Business Confidence -21.00 -34.00 points Sep 2022
Factory Orders 8.00 18.00 Net Balance Jul 2022
Small Business Sentiment -18.00 -31.00 Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
8.00 18.00 26.00 -79.00 1977 - 2022 Net Balance Monthly
NSA

News Stream
UK Factory Orders Fall to Over 1-Year Low
The Confederation of British Industry's order book balance fell to 8 in July of 2022, the lowest reading since April of 2021, from 18 in the previous month. Both export orders (-12 vs +1) and stocks of finished goods (-7 vs +2) declined and output expectations eased (+6 vs +20). At the same time, domestic price growth is seen slowing (+48 vs +58). “The manufacturing sector has been an economic bright spot in recent months, but output and orders have softened amid ongoing cost pressures, supply challenges and a generalised weakening in economic conditions both in the UK and globally. It is encouraging, however, to see investment intentions firming", Anna Leach, CBI Deputy Chief Economist, said.
2022-07-25
UK Factory Orders Gauge Falls More than Forecast
The Confederation of British Industry's order book balance fell to 15 in June of 2022 from 26 in the previous month and below market expectations of 22. Manufacturing output growth slowed in the three months to June (25 vs 30 in May), and growth is expected to ease further in the three months ahead, but expectations remain well above their long-run average. Expected domestic price growth for the three months ahead eased markedly in June (58 vs 75), the weakest expectations for selling price inflation since September 2021. “While manufacturing output is still being supported by a backlog of orders, growth appears to be softening. Stocks of finished goods are now seen as broadly adequate and we may be seeing the first signs that weaker activity is beginning to slow the pace of price increases in the sector.”, said Anna Leach, CBI deputy chief economist.
2022-06-21
UK Factory Orders at Record Levels
The Confederation of British Industry's order book balance rose to 26 in May of 2022, matching previous records from March and November, from 14 in the previous month. “Manufacturers have reported output growth and order books improving in May. But cost pressures remain acute and are pushing manufacturers to raise prices. Sentiment among manufacturers has fallen in recent months as the outlook has deteriorated following Russia’s invasion of Ukraine, and investment plans are being scaled back”, said Anna Leach, CBI deputy chief economist.
2022-05-19