The Confederation of British Industry's order book balance edged down by one point to -5 in November 2022, but came in above market expectations of -8, suggesting total order books remained below normal for a fourth consecutive month, according to the CBI’s latest Industrial Trends Survey. Export orders were also seen as below normal, but to a lesser extent than last month (-7 vs -14 in October), while manufacturing output is expected to fall over the next three months (-10 vs 7). Meanwhile, manufacturers judged that stocks remained broadly adequate (5 vs 7). On the price front, expectations for average selling price inflation for the next three months remained at a broadly similar level to last month (47 vs 46), although this remained comfortably below the multi-decade highs seen earlier in the year (80 in March). source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -17.59 Net Balance from 1977 until 2022, 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 November of 2022.

Factory Orders in the United Kingdom is expected to be -12.00 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
2022-10-25 10:00 AM Oct -4 -2 -12 -10
2022-11-24 11:00 AM Nov -5 -4 -8 -8
2022-12-21 11:00 AM Dec -5 -12


Related Last Previous Unit Reference
Business Confidence -48.00 -21.00 points Dec 2022
Factory Orders -5.00 -4.00 Net Balance Nov 2022
Small Business Sentiment -39.00 -18.00 Dec 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
-5.00 -4.00 26.00 -79.00 1977 - 2022 Net Balance Monthly
NSA

News Stream
UK Factory Orders Fall for 4th Straight Month: CBI
The Confederation of British Industry's order book balance edged down by one point to -5 in November 2022, but came in above market expectations of -8, suggesting total order books remained below normal for a fourth consecutive month, according to the CBI’s latest Industrial Trends Survey. Export orders were also seen as below normal, but to a lesser extent than last month (-7 vs -14 in October), while manufacturing output is expected to fall over the next three months (-10 vs 7). Meanwhile, manufacturers judged that stocks remained broadly adequate (5 vs 7). On the price front, expectations for average selling price inflation for the next three months remained at a broadly similar level to last month (47 vs 46), although this remained comfortably below the multi-decade highs seen earlier in the year (80 in March).
2022-11-24
UK Factory Output Drops Further: CBI
The Confederation of British Industry's order book balance decreased to -4 in October of 2022 from -2 in September, and compared to market forecasts of -12, according to the latest monthly CBI Industrial Trends Survey. In addition, new orders fell in the quarter to October (balance of -8% compared to +11% in the quarter to July), reflecting a decline in domestic orders (-8% from +7%) and the quickest fall in export orders since the quarter to July 2020 (-18% from -2%). Looking ahead, firms expect output to increase slightly in the next three months (+7%). However, with costs growth remaining exceptionally strong and the share of firms citing worries about access to skilled labour reaching a 49-year high, business sentiment fell for a fourth consecutive quarter, and at the fastest rate since the early days of the covid pandemic.
2022-10-25
UK Factory Orders Remain in Negative Territory: CBI
The Confederation of British Industry's order book balance rose to -2 in September 2022, up 5 points from the previous month's figure of -7 and above market expectations of -11, according to the latest monthly CBI Industrial Trends Survey. In addition, export order book rose (-8 vs -12 in August), even as output growth is expected to slow significantly over the next three months (-17 vs -2). The gauge of stocks of finished goods increased for a second straight month (+6 vs +2), while expectations regarding inflation pressures continued to build (+59 vs +57).
2022-09-21