28 July 2022
Boost to output for UK printing in Q2
Confidence for Q3 dips amidst concern over the impact of rising energy prices
The UK printing and printed packaging industry showed stronger growth in Q2 2022, as output and orders performed slightly better than forecast - but a continued recovery is expected to be under more pressure in Q3. Covid hasn't vanished, and worldwide cost inflation is not providing an ideal climate for companies in the UK printing and printed packaging industry to operate. However, strong output and stable orders enabled growth to be positive in Q2.
The latest Printing Outlook survey reveals that 50% of printers managed to increase their output levels in the second quarter of 2022, a further 36% were able to hold output steady. However, the remaining 13% did experience a fall in their output levels. The resulting balance (the difference between the ups and the downs) was +37, well above the +20 in Q1, and above the Q2 forecast (+29). A fifth consecutive quarter of positive output growth means that we are in the longest positive run for output since the period ending in Q2 2018.
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.
The BPIF is the printing industries champion. By becoming a member you join a diverse and influential community. We help you solve business problems, connect you to new customers and suppliers and make your voice heard in government.
Call 01676 526030