The IHS Markit/CIPS UK Manufacturing PMI fell to 48.0 in June 2019 from 49.4 in the previous month and well below market expectations of 49.2. The latest reading pointed to the steepest contraction in the manufacturing sector since February 2013 as production contracted at the fastest pace since October 2012 and new orders dropped the most for almost seven years, amid high stock levels, ongoing Brexit uncertainty, the economic slowdown and rising competition. In addition, employment fell for the third straight month and backlogs of work dropped at one of the fastest rates for six-and-a-half years. Looking ahead, business optimism dipped to its third-lowest level in the series history during June. Manufacturing PMI in the United Kingdom is reported by Markit Economics.

Manufacturing PMI in the United Kingdom is expected to be 49.90 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 50.70 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 50.60 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 -13.00 -23.00 55.00 -75.00 Index Points [+]
Manufacturing PMI 48.00 49.40 61.50 34.40 [+]
Services PMI 50.20 51.00 62.50 40.10 Index Points [+]
Industrial Production 0.90 -1.10 22.70 -11.90 percent [+]
Industrial Production Mom 1.40 -2.90 9.90 -8.00 percent [+]
Manufacturing Production 0.00 -1.00 19.60 -16.90 percent [+]
Capacity Utilization 80.70 81.30 85.20 38.00 percent [+]
New Orders 11975.00 10747.00 25109.00 9381.00 GBP Million [+]
Factory Orders -15.00 -10.00 21.00 -79.00 Net Balance [+]
Changes in Inventories 5711.00 4241.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4188.00 4725.00 6509.00 924.00 Companies [+]
Corporate Profits 115312.00 112291.00 115312.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -63.70 -56.10 61.00 -77.20 [+]
Car Production 116035.00 70971.00 185157.00 43773.00 Units [+]
Car Registrations 223421.00 183724.00 562337.00 33051.00 [+]
Small Business Sentiment -13.00 -31.00 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 [+]
Leading Economic Index 0.30 0.40 1.90 -2.10 percent [+]
Private Investment 0.40 -0.90 63.70 -33.70 percent [+]
Mining Production 4.00 -0.70 854.60 -90.50 percent [+]
Steel Production 650.00 644.00 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 49.70 50.90 61.80 47.60 [+]
Crude Oil Rigs 15.00 15.00 32.00 3.00 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 28662.00 27054.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.00 49.40 61.50 34.40 2008 - 2019 Monthly
SA




Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


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