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Business Confidence

The FDF Business Confidence Survey showcases the current economic views of members on a quarterly basis. Find out more about our most recent survey results below.

FDF's quarterly Business Confidence Survey, launched in early 2018, showcases key opportunities and risks perceived by food and drink manufacturing businesses across the UK.

Our survey has been designed with businesses in mind, allowing members to share their views on economic conditions both in recent months and the coming year(s).

Through the survey, businesses have the opportunity to shape FDF's policy asks. For instance, results have been used to inform consultation submissions, budget submissions, and policy recommendations to government.

Our Business Confidence reports are invaluable in promoting the economic importance of the industry via the media.

Latest report: 2019 Food & Drink Business Confidence Report

FDF is working to ensure that our members' views are continually shared with government and other stakeholders.

In this short video, we highlight the key results from FDF's 2019 surveys, outlining how net confidence has evolved, key impacts on the sector and opportunities and risks for 2020.

Key Findings

  • The latest FDF Business Confidence survey shows that the proportion of businesses whose confidence has improved is up by 12 percentage points since Q3 2019.
  • Nonetheless, those whose confidence has deteriorated continues to outweigh those who are optimistic
  • Key concerns for businesses going into 2020 include the cost of ingredients, inconsistent policies on plastic reduction, and border/customs issues – all of which were highlighted by over two thirds of manufacturers.
  • On a more positive note, 63% see increased domestic demand as an opportunity for success this year, and over 40% are looking forward to increased certainty over the future EU relationship as well as increased demand for healthy foods.
  • GVA, exports and investment all saw a decline between Q1 and Q3 last year, while wages continued to increase, alongside food and soft drink inflation. Despite poor GVA performance, food and drink continues to exceed GVA growth of the overall manufacturing sector.

For more on how you can have your say in our quarterly business confidence surveys, please contact Sarah Malone.

Previous reports

Last reviewed: 17 Mar 2019