The IHS Markit/CIPS UK Manufacturing PMI fell to a four-month low of 52 in February 2019 from a downwardly revised 52.6 in the previous month, in line with market consensus. New order inflows nearly stagnated, amid signs of a slowing domestic market and a further drop in new export orders. Meanwhile, purchasing activity was scaled-up to stockpile raw materials, leading to a survey-record expansion in input inventories due mainly to preparations to mitigate Brexit uncertainty. In addition, the rate of job losses was the steepest since February 2013 and business optimism regarding future output fell to its lowest level in the series history. On the price front, input cost inflation was the lowest since April 2016 while selling prices increased at a faster rate. Manufacturing PMI in the United Kingdom is reported by Markit Economics.

Manufacturing PMI in the United Kingdom is expected to be 49.50 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 52.90 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 53.60 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 -23.00 -16.00 55.00 -75.00 Index Points [+]
Services PMI 51.30 50.10 62.50 40.10 Index Points [+]
Manufacturing PMI 52.00 52.60 61.50 34.40 [+]
Industrial Production -0.90 -0.90 22.70 -11.90 percent [+]
Industrial Production Mom 0.60 -0.50 9.90 -8.00 percent [+]
Manufacturing Production -1.10 -2.10 19.60 -16.90 percent [+]
Capacity Utilization 81.30 80.20 85.20 38.00 percent [+]
Factory Orders 1.00 6.00 21.00 -79.00 Net Balance [+]
New Orders 10747.00 11075.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories 2734.00 2502.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4725.00 4308.00 6509.00 924.00 Companies [+]
Corporate Profits 112291.00 114178.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -57.00 -71.90 61.00 -77.20 [+]
Car Production 120649.00 78106.00 185157.00 43773.00 Units [+]
Car Registrations 81969.00 161013.00 562337.00 33051.00 [+]
Small Business Sentiment -31.00 -18.00 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 -0.60 20.40 854.60 -90.50 percent [+]
Leading Economic Index 0.20 0.20 1.90 -2.10 percent [+]
Private Investment -1.40 -1.20 63.70 -33.70 percent [+]
Steel Production 520.00 800.00 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 51.50 50.30 61.80 47.60 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 29953.00 29548.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 80.00 82.00 87.00 74.00 Points [+]
Corruption Rank 11.00 8.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.00 52.60 61.50 34.40 2008 - 2019 Monthly
SA




Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 47.60 Mar/19
France 49.80 Mar/19
Germany 44.70 Mar/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Mar/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 52.50 Mar/19


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