United Kingdom Business Confidence  Forecast 2016-2020

Business Confidence in the United Kingdom is expected to be 6.00 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 6.00 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 Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Business Confidence 1 6 4 7 6 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, July 20, 2017.



United Kingdom Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 1 6 4 7 6 2
Services PMI 53.4 52.4 51.9 52.1 52.2 54.1
Manufacturing PMI 54.3 54.1 54.5 52.2 55.1 53.1
Industrial Production -0.2 1.7 1.5 1.8 2 2.1
Industrial Production Mom -0.1 -0.1 0.4 0.3 -0.2 0.3
Manufacturing Production 0.4 2 1.9 2.1 2.2 2.3
Capacity Utilization 82.5 82 82.1 82.2 82.3 81.7
New Orders 12866 14650 14880 14970 15000 15980
Factory Orders 16 7 2 4 6 -2
Changes in Inventories -538 488 208 20.49 140 207
Bankruptcies 3967 3520 3400 3610 3580 4000
Corporate Profits 108645 110000 111000 112000 113000 121000
Zew Economic Sentiment Index -59 -38 -16 2 4 11.6
Car Production 136119 161000 121000 161500 159400 132000
Car Registrations 243454 468000 187000 565000 261000 196000
Small Business Sentiment 16 14 10 15 11 2
Steel Production 628 610 680 670 630 850
Private Investment 0.6 0.5 -0.3 0.6 0.7 0.5
Mining Production -1.9 1.8 2.8 2.6 2.5 2
Corruption Index 81 82 82 83 83 85
Corruption Rank 10 9 9 8 8 6
Competitiveness Index 5.49 5.49 5.49 5.54 5.54 5.59
Competitiveness Rank 7 7 7 6 6 5
Composite Pmi 53.8 53.8 53.6 53.9 54 52.8
Ease of Doing Business 7 6 6 6 6 5
Electricity Production 26128 25900 29900 26800 24900 30200