United Kingdom Business Confidence  Forecast 2016-2020

Business Confidence in the United Kingdom is expected to be 10.00 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 7.00 in 12 months time. In the long-term, the United Kingdom Business Confidence is projected to trend around 2.00 in 2020, according to our econometric models.

United Kingdom Business Confidence
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Business Confidence 1 10 6 4 7 2
United Kingdom Business Confidence Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Business Confidence using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Business Confidence - was last predicted on Thursday, June 29, 2017.



United Kingdom Business Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 1 10 6 4 7 2
Services PMI 53.8 53.4 52.4 51.9 52.1 54.1
Manufacturing PMI 56.7 55.8 54.1 54.5 52.2 53.1
Industrial Production -0.8 1.6 1.7 1.5 1.8 2.1
Industrial Production Mom 0.2 0.1 -0.1 0.4 0.3 0.3
Manufacturing Production 0 1.8 2 1.9 2.1 2.3
Capacity Utilization 82.5 82.5 82 82.1 82.2 81.7
Factory Orders 16 16 7 2 4 -2
New Orders 12866 14420 14650 14880 14970 15980
Changes in Inventories 1273 395 678 215 542 216
Bankruptcies 3967 3620 3520 3400 3610 4000
Corporate Profits 108645 109000 110000 111000 112000 121000
Zew Economic Sentiment Index -59 -59 -38 -16 2 11.6
Car Production 122116 160000 161000 121000 161500 132000
Car Registrations 186265 259000 468000 187000 565000 196000
Small Business Sentiment 16 16 14 10 15 2
Steel Production 628 630 610 680 670 850
Private Investment 0.6 -0.2 0.5 -0.3 0.6 0.5
Mining Production -1.6 2.9 1.8 2.8 2.6 2
Corruption Index 81 82 82 82 83 85
Corruption Rank 10 9 9 9 8 6
Competitiveness Index 5.49 5.49 5.49 5.49 5.54 5.59
Competitiveness Rank 7 7 7 7 6 5
Composite Pmi 54.4 54.1 53.8 53.6 53.9 52.8
Ease of Doing Business 7 6 6 6 6 5
Electricity Production 28720 24700 25900 29900 26800 30200