UK manufacturing orders hit deepest contraction since 2020, CBI survey shows
Britain's manufacturing sector faces a sharper downturn in June as order books weaken to their lowest level since the pandemic period. The decline comes despite some easing in Middle East tensions, with businesses still seeing elevated price pressures and falling output expectations.
Highlights
- The CBI's monthly order books balance fell to -45 in June from -41 in May, its weakest level since September 2020.
- CBI's expected output gauge for the next three months hit its lowest since December 2024, signaling further contraction in UK manufacturing.
- Despite easing price pressures, the CBI warns that energy costs and supply chain risks remain elevated, limiting prospects for rapid recovery.
June survey signals deeper factory slowdown
As reported by the Reuters, the Confederation of British Industry's monthly order books balance falls to -45 in June from -41 in May, marking the weakest reading since September 2020 during the COVID-19 pandemic.The survey also shows the CBI's gauge of expected output for the next three months falling to its lowest level since December 2024. Cameron Martin, senior economist at the CBI, says manufacturers face an increasingly difficult trading environment, with order books at their weakest since 2020 and output continuing to fall.
Mixed business signals and pressure outlook
The CBI survey contrasts with figures published earlier on Friday by S&P Global, which show manufacturing orders rising this month while the much larger services sector falls deeper into contraction.Like the S&P Global survey, the CBI reports that price pressures on manufacturers are easing, although they remain elevated. Martin says the re-opening of the Strait of Hormuz will help British manufacturers, but adds that energy prices and supply chains take time to normalise and that the risk of further instability remains clear.
In our earlier report on June’s UK PMI readings, we noted that the private-sector slowdown deepened as services contracted faster and both new business and employment weakened. The survey also pointed to ongoing cost pressures linked to higher energy prices, while highlighting how political uncertainty and fragile growth were weighing on business confidence.
Latest PMI News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
