The CBI Business Optimism indicator for the UK decreased to -23 in the first quarter of 2019 from -16 in the previous three-month period. It was the lowest reading since the third quarter of 2016 due to Brexit uncertainty. Sentiment regarding export prospects dropped at the fastest pace since the financial crisis, as manufacturers’ concerns that political and economic conditions abroad were likely to limit their future ability to obtain export orders were at their highest level since the immediate aftermath of the EU Referendum. Investment intentions for the coming year remained notably below their long-term averages, with spending on buildings, plant & machinery, training and innovation all expected to be lower in the year ahead. Business Confidence in the United Kingdom averaged -3.50 Index Points from 1958 until 2019, 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 -12.00 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 -6.00 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
2018-04-24 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
2019-01-23 11:00 AM CBI Business Optimism Index -23 -16 -26
2019-04-25 10:00 AM CBI Business Optimism Index -23 -12
2019-07-24 10:00 AM CBI Business Optimism Index -14
2019-10-23 10:00 AM CBI Business Optimism Index -10


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -23.00 -16.00 55.00 -75.00 Index Points [+]
Services PMI 48.90 51.30 62.50 40.10 Index Points [+]
Manufacturing PMI 55.10 52.10 61.50 34.40 [+]
Industrial Production 0.10 -0.30 22.70 -11.90 percent [+]
Industrial Production Mom 0.60 0.70 9.90 -8.00 percent [+]
Manufacturing Production 0.60 -0.70 19.60 -16.90 percent [+]
Capacity Utilization 81.30 80.20 85.20 38.00 percent [+]
Factory Orders 1.00 6.00 21.00 -79.00 Net Balance [+]
New Orders 10747.00 11075.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories 4241.00 2410.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4725.00 4308.00 6509.00 924.00 Companies [+]
Corporate Profits 112291.00 114178.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -57.00 -71.90 61.00 -77.20 [+]
Car Production 123203.00 120649.00 185157.00 43773.00 Units [+]
Car Registrations 458054.00 81969.00 562337.00 33051.00 [+]
Small Business Sentiment -31.00 -18.00 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 4.90 2.90 854.60 -90.50 percent [+]
Leading Economic Index 0.30 0.30 1.90 -2.10 percent [+]
Private Investment -0.90 -0.60 63.70 -33.70 percent [+]
Steel Production 485.00 520.00 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 50.00 51.40 61.80 47.60 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 32455.00 29953.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 80.00 82.00 87.00 74.00 Points [+]
Corruption Rank 11.00 8.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-23.00 -16.00 55.00 -75.00 1958 - 2019 Index Points Quarterly




Country Last Previous
Australia 0.00 Mar/19
Brazil 61.90 Mar/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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