The Confederation of British Industry survey's total order book balance rose slightly to -16 in February 2023, up from a near two-year low of -17 in the previous month but missing market expectations of -14. Export order books were also seen as below normal and to a greater extent than last month (-27 vs -22 in January), while stocks of finished goods were seen as broadly adequate (9 vs 12). Manufacturing output volumes fell at their fastest pace since September 2020 in the three months to February, largely driven by the motor vehicles & transport equipment, chemicals and paper, printing & media sectors. Finally, expectations for average selling price inflation in the three months ahead were the lowest since May 2021 (40 vs 41), having declined steadily from the multi-decade highs seen in early 2022 (80 in March 2022). Still, they remained well above the long-run average (6). source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -17.57 Net Balance from 1977 until 2023, reaching an all time high of 26.00 Net Balance in November of 2021 and a record low of -79.00 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 March of 2023.

Factory Orders in the United Kingdom is expected to be -14.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United Kingdom CBI Industrial Trends Orders



Calendar GMT Actual Previous Consensus TEForecast
2023-01-24 11:00 AM Jan -17 -6 -8 -10
2023-02-21 11:00 AM Feb -16 -17 -14 -12
2023-03-22 11:00 AM Mar -16 -14


Related Last Previous Unit Reference
Business Confidence -5.00 -48.00 points Mar 2023
Factory Orders -16.00 -17.00 Net Balance Feb 2023
Small Business Sentiment -13.00 -39.00 points Mar 2023

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
-16.00 -17.00 26.00 -79.00 1977 - 2023 Net Balance Monthly
NSA

News Stream
UK Factory Orders Below Forecasts: CBI
The Confederation of British Industry survey's total order book balance rose slightly to -16 in February 2023, up from a near two-year low of -17 in the previous month but missing market expectations of -14. Export order books were also seen as below normal and to a greater extent than last month (-27 vs -22 in January), while stocks of finished goods were seen as broadly adequate (9 vs 12). Manufacturing output volumes fell at their fastest pace since September 2020 in the three months to February, largely driven by the motor vehicles & transport equipment, chemicals and paper, printing & media sectors. Finally, expectations for average selling price inflation in the three months ahead were the lowest since May 2021 (40 vs 41), having declined steadily from the multi-decade highs seen in early 2022 (80 in March 2022). Still, they remained well above the long-run average (6).
2023-02-21
UK Factory Orders Fall the Most in Nearly 2 Years: CBI
The Confederation of British Industry's order book balance slumped by 11 points from a month earlier to -17 in January 2023, the weakest since February 2021 and worse than market expectations of -8, according to the CBI’s latest Industrial Trends Survey. The latest reading also suggested total order books remained below normal levels for a sixth consecutive month, with the share of firms reporting that orders or sales would constrain output hitting its highest since April 2021. The export orders sub-index declined by another three points to -22, the lowest since February 2021, while the gauge of manufacturing output during the three months to January was little-changed. On the price front, manufacturers' price expectations for the next three months weakened to the lowest since September 2021 (+41 vs +52 in December), as global supply chain pressures, labor shortages and energy costs eased.
2023-01-24
UK Factory Orders Down for 5th Straight Month: CBI
The Confederation of British Industry's order book balance edged down by one point from a month earlier to -6 in December 2022, the weakest since August but above market expectations of -9, according to the CBI’s latest Industrial Trends Survey. Still, the latest reading suggested total order books remained below normal levels for a fifth consecutive month, due to a weak global economy and high inflation. The export orders sub-index declined by 12 points to -19, the lowest since March 2021, while the gauge of manufacturing output during the three months to December tumbled by 27 points to -9, its lowest level since September 2020. On the price front, manufacturers' price expectations for the next three months strengthened (52 vs 47 in November).
2022-12-19