The IHS Markit/CIPS UK Manufacturing PMI increased to 54.2 in December 2018 from an upwardly revised 53.6 in November, beating market expectations of 52.5. The reading pointed to the strongest expansion in the factory activity since June, amid stronger inflows of new business and a a solid rise in stocks of purchases reflecting Brexit preparations by both firms and clients. Also, new orders increased at a ten-month high and stocks of finished goods rose at the second sharpest rate since series began. On the other hand, output advanced at a softer pace. On the price front, input price inflation slowed to a two-and-a-half year low and output cost inflation recorded a three-month high. Finally, business confidence remained positive as firms expected success from new product launches, entering new markets, planned expansion of salesforces and investment in equipment, still there were uncertainties regarding Brexit and the exchange rate. Manufacturing PMI in the United Kingdom is reported by Markit Economics.

Manufacturing PMI in the United Kingdom is expected to be 52.30 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in the United Kingdom to stand at 54.00 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 51.00 in 2020, according to our econometric models.

United Kingdom Manufacturing PMI
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United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -16.00 -3.00 55.00 -75.00 Index Points [+]
Services PMI 51.20 50.40 62.50 40.10 Index Points [+]
Manufacturing PMI 54.20 53.60 61.50 34.40 [+]
Industrial Production -1.50 -0.90 22.70 -11.90 percent [+]
Industrial Production Mom -0.40 -0.50 9.90 -8.00 percent [+]
Manufacturing Production -1.10 -0.70 19.60 -16.90 percent [+]
Capacity Utilization 80.20 82.30 85.20 38.00 percent [+]
Factory Orders 8.00 10.00 21.00 -79.00 Net Balance [+]
New Orders 11075.00 10801.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories 2955.00 1871.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4308.00 3918.00 6509.00 924.00 Companies [+]
Corporate Profits 114178.00 111344.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -67.50 -61.40 61.00 -77.20 [+]
Car Production 129030.00 140374.00 185157.00 43773.00 Units [+]
Car Registrations 144089.00 158639.00 562337.00 33051.00 [+]
Small Business Sentiment -18.00 6.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Mining Production -2.30 -2.60 854.60 -90.50 percent [+]
Leading Economic Index 0.30 0.40 1.90 -2.10 percent [+]
Private Investment -1.10 -0.40 63.70 -33.70 percent [+]
Steel Production 455.00 660.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.99 82.11 82.11 5.18 Points [+]
Competitiveness Rank 8.00 6.00 13.00 2.00 [+]
Composite Pmi 51.40 50.80 61.80 47.60 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 25086.00 24971.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 82.00 81.00 87.00 74.00 Points [+]
Corruption Rank 8.00 10.00 20.00 8.00 [+]


United Kingdom Manufacturing PMI

Markit/CIPS UK Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 600 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - United Kingdom Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.20 53.60 61.50 34.40 2008 - 2018 Monthly
SA




Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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