Pick-up in output and orders despite a fluctuating Q3
Pick-up in output and orders despite a fluctuating Q3 - cost pressures and uncertainty shakes confidence for Q4.
Expectations were surpassed for the third quarter of 2017, at least in terms of output, following a disappointing Q2 - however printers' forecasts for Q4 remain subdued. The latest Printing Outlook survey shows 50% of printers increased output levels in the third quarter of 2017. A further 30% held output steady whilst 20% experienced a decline in output. The resulting balance (the difference between the ups and the downs) was +30; quite a bit more than +14 in Q2 and well above the Q3 forecast of +15. The latest Q3 balance compares favourably to last year's equivalent Q3 balance of 2, and is marginally above the other Q3 balances from recent years.
In Printing Outlook this quarter:
- BPIF Brexit Barometers - to gauge and monitor confidence during Brexit negotiations and forecast conditions after Brexit.
- UK Printing and Packaging trends and forecasts - confidence, costs, pay reviews, capacity, productivity, margins, paper consumption, ink sales volumes, insolvency statistics and more.
- Data, forecasts and commentary on the UK economy and the advertising sector.
Thanks to all survey respondents for their participation, a concise survey has continued to encouraged a good response this quarter. Sponsorship from Konica Minolta means all respondents will receive a printed copy of Printing Outlook. Please respond to the next survey in January 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.Downloads
In an effort to prepare our members for the new data protection regulation, we've reported on the changes through our various channels and have run a number of regional workshops. As a result, you may understand your responsibilities to protect your customer's data, but are you also aware of your Human Resources responsibility?
Technology has revolutionised most industries, but none more than print. And it is technology that's driving the photo personalisation market across the globe. The introduction of the smartphone with its integrated camera has galvanised users into wanting to do much more with their images than just share them in cyberspace. Users are starting to realise that they can design and order an unparalleled number of personalised photo products from their mobile devices, using images that are stored on their phones.