Growth Indicator Survey
The CBI composite survey indicator or Growth Indicator was launched in January 2014 and brings together CBI surveys of economic activity into an aggregate index
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The indicator blends our survey results for output volumes as reported on a monthly basis for the following CBI surveys (covering approximately three quarters of the private sector economy):
• Industrial Trends Survey
• Distributive Trades Survey
• Service Sector Survey
The indicator results are reported in a similar way to other CBI surveys using the ‘balance’ statistic—the difference between the percentage of respondents replying ‘up’ minus the percentage replying ‘down’. The ‘balance’ provides a simplified method of interpreting the results and over a period of time, the trend in the balance gives a good indication of the trend in the economic indicator.
The timeliness and frequency of the CBI’s business surveys means that the CBI’s Growth Indicator gives an early perspective on the pace of economic growth.
News and publications
CBI’s retail barometer celebrates 30th birthday
Survey 'has continued to inform policy throughout the changing economic climate of the last three decades'
New CBI indicator reveals fastest pace of growth in economic output since 2007
Ahead of the latest official GDP statistics, the CBI said the volume of output in the three months to January grew at the fastest pace since late 2007, with the outlook for the next quarter buoyant
High Street sales recover their sparkle - CBI
Retail sales have recovered strongly in the year to December, bouncing back after two disappointing months, the CBI said today (Wednesday).
Retail sales down on year ago, but some very modest growth expected next month - CBI
Retail sales fell in the year to October, at a similar pace to August and September, according to the latest CBI Monthly Distributive Trades Survey