The Confederation of British Industry's total order book balance rose to -46 in July of 2020 from -58 in June, below market expectations of -38 and pointing to the smallest decline in factory orders since March. The manufacturing output expectations balance advanced to +15 in July from -30 in the previous month, its highest since September of 2018. Also, export order books increased to -64 from -79 and the stocks of finished goods growth accelerated (+19 vs +2). In addition, average selling prices are expected to increase (+4 vs -10).

Factory Orders in the United Kingdom averaged -18.55 Net Balance from 1977 until 2020, 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 August of 2020. source: Confederation of British Industry

Factory Orders in the United Kingdom is expected to be -26.00 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 10.00 in 12 months time. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around 12.00 Net Balance in 2021 and 8.00 Net Balance in 2022, according to our econometric models.

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United Kingdom CBI Industrial Trends Orders

Actual Previous Highest Lowest Dates Unit Frequency
-46.00 -58.00 21.00 -79.00 1977 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-23 10:00 AM Apr -56 -29 -53 -48
2020-05-21 10:00 AM May -62 -56 -59 -60
2020-06-22 10:00 AM Jun -58 -62 -30
2020-07-23 10:00 AM Jul -46 -58 -38 -34
2020-08-20 10:00 AM Aug -46
2020-09-24 10:00 AM Sep -26
2020-10-22 10:00 AM Oct
2020-11-19 11:00 AM Nov


News Stream
UK Factory Orders Remain Weak
The Confederation of British Industry's total order book balance rose to -46 in July of 2020 from -58 in June, below market expectations of -38 and pointing to the smallest decline in factory orders since March. The manufacturing output expectations balance advanced to +15 in July from -30 in the previous month, its highest since September of 2018. Also, export order books increased to -64 from -79 and the stocks of finished goods growth accelerated (+19 vs +2). In addition, average selling prices are expected to increase (+4 vs -10).
2020-07-23
UK Factory Orders Remain Weak: CBI
The Confederation of British Industry's total order book balance rose to -58 in June 2020 from an over 38-year low of -62 in the previous month. Still, it was the lowest reading since July 2009, amid the coronavirus pandemic. In addition, the measure for output over a three-month period dropped to a fresh record low of -57 from -54 in May. Export order books worsened to a record low of -79 from -55. Also, stocks of finished goods growth slowed (+20 vs +23 in May) while average selling prices are expected to fall at a softer pace (-10 vs -20 in May).
2020-06-22
UK Factory Orders Fall the Most in Nearly 40 Years
The Confederation of British Industry's total order book balance tumbled to -62 in May 2020 from -56 in the previous month, the lowest since October 1981 and compared to market expectations of -59. In addition, the measure for output over a three-month period dropped to -54, its lowest reading since the series began in July 1975. Meanwhile, domestic price expectation fell sharply (-20 vs -11 in April) and stocks of finished goods increased at a softer pace (+23 vs +26).
2020-05-21
UK Factory Orders at Over 10-1/2-Year Low: CBI
The Confederation of British Industry's total order book balance tumbled to -56 in April of 2020 from -29 in the previous month, the lowest since July of 2009 and compared to market expectations of -53. In addition, the measure of manufacturing expectations for the next three months sank 47 points to -67; while the gauge for export orders tanked 21 points to -49. Domestic price expectations also declined. These constitute the weakest expectations on record for total new orders, domestic orders, and export orders.
2020-04-23

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.