Trade Confidence Index Shows Encouraging Results

Published 26th Jul 2013 by Events

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


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