3 August 2017
Subdued growth in Q2 as costs mount and confidence is shaken
Subdued growth in Q2 orders and output as costs mount and confidence is shaken - industry voices Brexit concern but hopeful for stability.
The second quarter of 2017 did not live up to the hopeful expectations for the period but did display some growth in the volume of output and orders - Q3 is forecast to continue this trend. The latest Printing Outlook survey shows 38% of printers increased output levels in the second quarter of 2017. A further 39% held output steady whilst 24% experienced a decline in output. The resulting balance (the difference between the ups and the downs) was +14; quite a bit less than +27 in Q1. However, the latest Q2 balance compares favourably to last year's equivalent Q2 balance of 3.
Featured in Printing Outlook this quarter:
- The BPIF's new Brexit and Post-Brexit barometers.
- Costs - paper & board, ink, labour and energy.
- Pay Reviews - activity and average % changes.
- Data on capacity, productivity, margins and more.
- Consumables - paper consumption data and printing ink volumes and values.
Thanks to all survey respondents for their participation; sponsorship from Konica Minolta means all respondents will receive a printed copy of Printing Outlook. Please respond to the next survey in October to ensure that you receive your copy in the future.
The full Printing Outlook report is available as a free download to BPIF members using the 'More on Printing Outlook' web link below. There is also an unrestricted press release available on the download link below.
DownloadsPay Review Data, Wage Benchmarking and Cost of Living – FEB 2024 UPDATE
14 February 2024
We have collated data from multiple sources that should be useful for BPIF members that are approaching internal pay reviews, and/or are having a closer look at their pay and benefits structure. The datafile, first published in February 2023, has been updated with the latest available data - and additional content on factors exerting pressure on pay settlements in 2024.
Slight recovery of output and orders falls short of expectations in Q4 - confidence concerns mount in 2024
22 February 2024
Performance in the UK's printing and printed packaging industry did improve in Q4, as far as output and orders are concerned. However, it didn't come close to what would historically be considered the seasonal norm, nor quite match the subdued expectations for Q4.
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