The CBI Business Optimism indicator in the UK decreased to -16 in the last quarter of 2018 from -3 in the previous three-month period. It was the lowest reading since the third quarter of 2016, when the UK voted to leave the EU. Also, optimism regarding export prospects dropped at the fastest pace since the Eurozone crisis. Investment intentions deteriorated significantly, as spending on buildings, training and innovation is expected to be cut back in the next year. Additionally, concerns that political and economic conditions were likely to limit export orders over the next three months were the highest since the EU Referendum. Looking ahead, output growth is expect to stall while new orders are expected to fall further. Business Confidence in the United Kingdom averaged -3.42 Index Points from 1958 until 2018, reaching an all time high of 55 Index Points in the third quarter of 1959 and a record low of -75 Index Points in the first quarter of 1974.

Business Confidence in the United Kingdom is expected to be -8.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in the United Kingdom to stand at 5.00 in 12 months time. In the long-term, the United Kingdom Business Confidence is projected to trend around 2.00 Index Points in 2020, according to our econometric models.

United Kingdom Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-23 11:00 AM CBI Business Optimism Index 13 -11 -7
2018-04-24 10:00 AM CBI Business Optimism Index -4 13 6
2018-07-24 10:00 AM CBI Business Optimism Index -3 -4 5
2018-10-23 10:00 AM CBI Business Optimism Index -16 -3 -8
2019-01-22 11:00 AM CBI Business Optimism Index -12
2019-04-24 10:00 AM CBI Business Optimism Index 1
2019-07-24 10:00 AM CBI Business Optimism Index 5


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -16.00 -3.00 55.00 -75.00 Index Points [+]
Services PMI 50.40 52.20 62.50 40.10 Index Points [+]
Manufacturing PMI 53.10 51.10 61.50 34.40 [+]
Industrial Production -0.80 0.00 22.70 -11.90 percent [+]
Industrial Production Mom -0.60 0.00 9.90 -8.00 percent [+]
Manufacturing Production -1.00 0.50 19.60 -16.90 percent [+]
Capacity Utilization 80.20 82.30 85.20 38.00 percent [+]
Factory Orders 10.00 -6.00 21.00 -79.00 Net Balance [+]
New Orders 10801.00 11628.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories -854.00 1195.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4308.00 3918.00 6509.00 924.00 Companies [+]
Corporate Profits 114178.00 111344.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -61.40 -67.90 61.00 -77.20 [+]
Car Production 140374.00 127051.00 185157.00 43773.00 Units [+]
Car Registrations 158639.00 153599.00 562337.00 33051.00 [+]
Small Business Sentiment -18.00 6.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Mining Production -1.70 -1.80 854.60 -90.50 percent [+]
Leading Economic Index 0.40 0.60 1.90 -2.10 percent [+]
Private Investment -1.20 -0.70 63.70 -33.70 percent [+]
Steel Production 660.00 630.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.99 82.11 82.11 5.18 Points [+]
Competitiveness Rank 8.00 6.00 13.00 2.00 [+]
Composite Pmi 50.70 52.10 61.80 47.60 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 24971.00 24914.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 82.00 81.00 87.00 74.00 Points [+]
Corruption Rank 8.00 10.00 20.00 8.00 [+]


United Kingdom Business Confidence

In the United Kingdom, the Business Optimism Index is published by the Confederation of British Industry's in its Industrial Trends Survey. An average of 400 small, medium and large companies from the manufacturing sector is surveyed each quarter. The Questionnaire accesses the overall sentiment regarding general and export business situation, investment, capacity, order books, employment, output, stocks, prices competitiveness regarding domestic, EU and non-EU markets and innovation and training. For each assessment is computed a sub-index as the percentage of positive answers minus the percentage of negative answers. The composite index is then computed as the weighted average of the sub-indices. An Optimism Index of +100 indicates that all survey respondents are much more confident about future prospects, while -100 suggests that all survey respondents are much less confident about future prospects. An index level of 0 indicates neutrality. This page provides - United Kingdom Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-16.00 -3.00 55.00 -75.00 1958 - 2018 Index Points Quarterly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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