The Confederation of British Industry's order book balance rose by four points to an all-time high of +22 in September 2021, easily beating market expectations of +15, according to the latest monthly CBI Industrial Trends Survey. Manufacturing firms saw total order books improve further on August’s strong results to reach a record high, while export order books also improved to their strongest since March 2019. However, output growth in the three months for September slowed for the second month in a row, despite remaining firm by historical standards. Eleven out of 17 sectors saw output increase, with headline growth being driven largely by the food, drink & tobacco sub-sector. Stock adequacy picked up slightly, but nonetheless remained close to last month’s record low and considerably below average. On the price front, expectations for output cost growth in the coming quarter remain strong. source: Confederation of British Industry
Factory Orders in the United Kingdom averaged -18.39 Net Balance from 1977 until 2021, reaching an all time high of 22 Net Balance in September 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 2021.
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 8.00 Net Balance in 2022 and 5.00 Net Balance in 2023, according to our econometric models.