The Confederation of British Industry's order book balance rose to -2 in September 2022, up 5 points from the previous month's figure of -7 and above market expectations of -11, according to the latest monthly CBI Industrial Trends Survey. In addition, export order book rose (-8 vs -12 in August), even as output growth is expected to slow significantly over the next three months (-17 vs -2). The gauge of stocks of finished goods increased for a second straight month (+6 vs +2), while expectations regarding inflation pressures continued to build (+59 vs +57). source: Confederation of British Industry
Factory Orders in the United Kingdom averaged -17.64 Net Balance from 1977 until 2022, reaching an all time high of 26 Net Balance in November of 2021 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 September of 2022.
Factory Orders in the United Kingdom is expected to be -15.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom CBI Industrial Trends Orders is projected to trend around 5.00 Net Balance in 2023 and 1.00 Net Balance in 2024, according to our econometric models.