Menu
No description available

Trade Confidence Index Shows Encouraging Results

Published 26th Jul 2013 by Samuel Lewis

DHL and Chambers Survey Indicates Growing Confidence

This week’s release of the DHL/British Chambers of Commerce Trade Confidence Index report shows encouraging results for UK businesses.

Across all measures improvements have been seen. The British export index is at an all-time high, increasing by 2.85% over Q1 2013 and exporter’s confidence in future turnover also remains high, with a notable increase in confidence from manufacturing firms.

  • Export index increases by 2.85% on previous quarter and 2.94% on previous year

  • Index is now at its highest level on record

  • Exporters’ confidence in future turnover and profitability remains high

Further breakdown of the export sales balance reveals that 48% of exporters reported increased export sales in Q2 2013; 10% of respondents stated that they decreased, and 42% stated that sales remained constant. In the services sector the balance of exporters reporting that sales had increased rose by 12 points to +46% in Q2 2013. In the manufacturing sector the export sales balance continued to fluctuate widely and now stands at +28%. This is double the balance figure recorded in Q1 2013, but it is two points lower than the Q4 2012 balance


Read the full report

Comments

Make sure you fill in the required fields. No HTML or other code is allowed in the commenting field. Thanks for sharing your views with us.

Our Patrons