The UK manufacturing sector made a strong start to 2017 with output rising at the fastest rate since May 2014. New order intakes expanded at a robust pace and, according to the Markit/CIPS Purchasing Managers’ Index (PMI), price pressures intensified – input cost inflation surged to a survey record high and output charges also increased…
Conditions in the UK manufacturing sector continued to improve at the end of the third quarter, according to the Markit/CIPS Purchasing Managers’ Index (PMI). The domestic market remained a prime driver of new business wins, while the weaker sterling exchange rate drove up new orders from abroad. At 55.4 in September, up from 53.4 in…
April saw the seasonally adjusted Markit/CIPS Purchasing Managers’ Index (PMI) fall below the critical no-change mark of 50.0 for the first time since March 2013. At 49.2, from a downwardly revised reading of 50.7 in March, Markit suggests that the headline index was dragged lower by lacklustre trends in production and new orders and declines…
The first quarterly EEF Manufacturing Outlook survey this year shows signs that the sector’s slide into negative territory may be coming to an end, with improvements reported in output and orders. Output has edged up after hitting its weakest point in six years in the final quarter of 2015. It is still in negative territory…