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CBI quarterly confidence measurement compared against confidence in the fleet leasing sector in the United Kingdom (UK) from Q1 2019 to Q3 2021

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Sources

Release date

July 2021

Region

United Kingdom

Survey time period

Q1 2019 to Q3 2021

Special properties

Figures for the UK leasing sector are not readily available, which may lead to significant gaps in the data

Citation formats

Quarterly confidence index in both economy and fleet leasing in the UK 2019-2021

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 6, 2021
For the first time in a year, UK leasing companies in 2021 were more positive towards the future than companies measured in the overall CBI confidence index. The CBI indicator - which measures whether the opinion of UK businesses in general on the state of the country's economy for the next six months - dropped in early 2021, as labor shortages and supply problems were expected to impact output. This was the opposite for leasing companies, where confidence levels increased to the highest level since the start of the coronavirus pandemic. The source mentions this can be attributed to increasing social and economic activity as, for instance, the hospitality industry re-opened in the United Kingdom.
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