The IHS Markit/CIPS UK Manufacturing PMI fell to 60.4 in July of 2021 from 63.9 in the previous month and below market expectations of 62.5, a preliminary estimate showed. The latest PMI pointed to the softest pace of expansion in the manufacturing sector since March reflecting weaker rates of output and new order growth during the latest survey period. Manufacturers reported strong demand from both domestic and export clients, with shortages of materials and other critical components the main factor holding back production volumes. The index measuring suppliers' delivery times continued to signal severe supply chain delays, but the latest downturn in vendor performance was the least marked since April. Input price inflation also eased from June's peak, but factory gate charges increased at the fastest pace since this index began in November 1999. source: Markit Economics

Manufacturing PMI in the United Kingdom averaged 52.13 points from 2008 until 2021, reaching an all time high of 65.60 points in May of 2021 and a record low of 32.60 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Manufacturing PMI in the United Kingdom is expected to be 54.00 points 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 53.20 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 52.60 points in 2022 and 52.90 points in 2023, according to our econometric models.

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United Kingdom Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
60.40 63.90 65.60 32.60 2008 - 2021 points Monthly
SA


News Stream
UK Factory Growth at 4-Month Low
The IHS Markit/CIPS UK Manufacturing PMI fell to 60.4 in July of 2021 from 63.9 in the previous month and below market expectations of 62.5, a preliminary estimate showed. The latest PMI pointed to the softest pace of expansion in the manufacturing sector since March reflecting weaker rates of output and new order growth during the latest survey period. Manufacturers reported strong demand from both domestic and export clients, with shortages of materials and other critical components the main factor holding back production volumes. The index measuring suppliers' delivery times continued to signal severe supply chain delays, but the latest downturn in vendor performance was the least marked since April. Input price inflation also eased from June's peak, but factory gate charges increased at the fastest pace since this index began in November 1999.
2021-07-23
UK Manufacturing Growth Remains Strong in June
The IHS Markit/CIPS UK Manufacturing PMI was revised lower to 63.9 in June 2021, from a preliminary estimate of 64.2 and down from May's record high of 65.6. Still, the latest reading signaled a strong pace of expansion in the manufacturing sector, as output increased at marked rates across the consumer, intermediate and investment goods industries. New order growth and the pace of job creation remained close to May's record highs, due to the ongoing easing of COVID-19 restrictions, re-opening of the economy from lockdown and improving global market conditions. Meanwhile, supply-chain and distribution difficulties led to longer vendor lead times and disruption to production schedules. On the price front, average input costs and selling prices rose at record rates. Looking ahead, business confidence remained solid in June, suggesting that the current upturn has further to run.
2021-07-01
UK Factory Growth Close to Record High
The IHS Markit/CIPS UK Manufacturing PMI fell to 64.2 in June of 2021, from a record high of 65.6 in May, slightly higher than market expectations of 64.2, preliminary estimates showed. The reading still pointed to a strong growth in factory activity, the second-highest ever. Further substantial expansions in both output and new orders were recorded as demand continued to surge following the loosening of the COVID-19 lockdown. The rate of job creation also remained elevated as firms scaled up workforce numbers in response to surging workloads. Raw material shortages contributed to another substantial increase in input costs faced by UK manufacturers. In fact, the rate of cost inflation hit a fresh record high for the second month running as more than three-quarters of respondents signalled a rise in June. In turn, firms raised their own selling prices and the rate of charge inflation surged to a new record high.
2021-06-23
UK Manufacturing PMI Revised Slightly Down, Remains at Record High
The IHS Markit/CIPS UK Manufacturing PMI was revised slightly lower to 65.6 in May of 2021 from a preliminary of 66.1. The reading still pointed to a record growth in factory activity as output growth strengthened and new orders rose at the quickest pace in the near three-decade survey history. Looser pandemic restrictions and high levels of pent-up demand meant that the rapid revival in labour market conditions continued, with staffing levels also rising at a record pace. Shortages of raw materials and supply-chain disruption fed through to input costs during May, leading to the sharpest rise ever in purchasing costs. This led manufacturers to increase selling prices, with the rate of inflation hitting a survey record. May saw business sentiment rise to its highest level on record amid improved optimism reflected the end of the pandemic, economic recovery, planned business expansions, a revival in World trade flows and reduced supply-chain issues.
2021-06-01

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.