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…
Output growth remained subdued across England and Wales in May, according to the latest Lloyds Bank Regional Purchasing Managers’ Index. The weakness reflected a deteriorating trend in the flow of incoming new work, with job creation slowing as a result. The business activity index for England – which tracks changes in the combined output of…
Growth in output and employment was slightly higher in March compared to February, but the first quarter of 2016 as a whole was the worst in almost three years, according to the latest Lloyds Bank Regional Purchasing Managers’ Index. The business activity index for England – which tracks changes in the combined output of manufacturing…
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…