The Confederation of British Industry's order book balance rose 2 points to +19 in June 2021, the highest level since an all-time high reached in May 1988 and slightly above market expectations of +18, according to the latest monthly CBI Industrial Trends Survey. UK manufacturing output volumes in the three months to June grew at the fastest pace on record and are expected to expand at a quick pace in the coming quarter, driven by the motor vehicles & transport equipment and food, drink & tobacco sub-sectors. In addition, export order books improved to their firmest in more than two years. Meanwhile, manufacturers reported that stock adequacy in June worsened to its weakest since 1977. Additionally, output prices are expected to grow rapidly in the next quarter, with this month’s outturn marking the strongest expectations since 1982. source: Confederation of British Industry

Factory Orders in the United Kingdom averaged -18.60 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 July of 2021.

Factory Orders in the United Kingdom is expected to be 25.00 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 14.00 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.

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United Kingdom CBI Industrial Trends Orders

Actual Previous Highest Lowest Dates Unit Frequency
19.00 17.00 21.00 -79.00 1977 - 2021 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-23 11:00 AM Mar -5 -24 -20 -19
2021-04-22 10:00 AM Apr -8 -5 2 5
2021-05-20 10:00 AM May 17 -8 0 5
2021-06-22 10:00 AM Jun 19 17 18 25
2021-07-22 10:00 AM Jul 19 21
2021-08-20 10:00 AM Aug
2021-09-22 10:00 AM Sep
2021-10-22 10:00 AM Oct


News Stream
UK Factory Orders Gauge Hits 33-Year High
The Confederation of British Industry's order book balance rose 2 points to +19 in June 2021, the highest level since an all-time high reached in May 1988 and slightly above market expectations of +18, according to the latest monthly CBI Industrial Trends Survey. UK manufacturing output volumes in the three months to June grew at the fastest pace on record and are expected to expand at a quick pace in the coming quarter, driven by the motor vehicles & transport equipment and food, drink & tobacco sub-sectors. In addition, export order books improved to their firmest in more than two years. Meanwhile, manufacturers reported that stock adequacy in June worsened to its weakest since 1977. Additionally, output prices are expected to grow rapidly in the next quarter, with this month’s outturn marking the strongest expectations since 1982.
2021-06-22
UK Factory Orders Gauge at Over 3-Year High
The Confederation of British Industry's order book balance jumped to +17 in May 2021, the highest level since December 2017 and well above market expectations of zero, according to the CBI’s latest monthly Industrial Trends Survey. Total order books were also reported to be “above normal” for the first time since February 2019, while the gauge for export order book edged up to an over year high of -17. Meanwhile, the output expectations index rose to +18, the highest since December 2018, signaling the first material growth reported in almost two years. Output increased in 12 of 17 sub-sectors, with growth driven by chemicals, electronic engineering, and metal products. Looking ahead, manufacturers anticipate output to accelerate further in the next three months. Manufacturers also reported the weakest stock adequacy since July 2017, while price growth is expected to pick up rapidly in the coming quarter, with expectations at their strongest since January 2018.
2021-05-20
UK Factory Orders Balance Disappoints
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.
2021-04-22
UK Factory Orders Balance at Near 2-Year High
The Confederation of British Industry's order book balance rose 19 points from the previous month to -5 in March of 2021, its highest reading since April of 2019 and beating market expectations of -20. The output expectations index jumped 32 points to +30, the highest since August of 2017, and the gauge for export order book improved 19 points to -20. Manufacturers anticipate output price growth will accelerate quickly in the next quarter (20 vs 3), the strongest since February 2019. Also, firms reported inventories as being broadly adequate, which, nonetheless, was their weakest balance since December 2017 (-3 vs +8). “Looking ahead, the Government should remain focussed on measures to reinforce a recovery, with an eye to boosting the UK’s competitiveness over the long-term. Rapid progress in the rollout of the vaccine will be crucial in driving a recovery business confidence”, Anna Leach, CBI Deputy Chief Economist, said.
2021-03-23

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.