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.