The Confederation of British Industry's order book balance fell to -8 in April of 2021 from -5 in March which was the highest reading since April of 2019. Figures missed market expectations of 2. The gauge for export order book was little changed (-18 vs -20) and output prices are seen rising faster in the next quarter (27 vs 20). On the other hand, the output expectations index jumped to 36 from 30. source: Confederation of British Industry
Factory Orders in the United Kingdom averaged -18.74 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 May of 2021.
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. 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 8.00 Net Balance in 2022 and 5.00 Net Balance in 2023, according to our econometric models.