The IHS Markit/CIPS UK Manufacturing PMI was revised higher to 58.9 in March 2021, from a preliminary estimate of 57.9 and above February's 55.1. The latest reading pointed to the steepest month of expansion in factory activity since February 2011, supported by stronger demand from both domestic and overseas markets, the vaccine roll-out and preparations for the planned loosening of lockdown restrictions. Manufacturing output increased at the quickest pace since last November and new business rose at the second-fastest pace for over three years. In addition, jobs growth was at a seven-year high, supported by the sharpest rise in backlogs of work for 11 years. Meanwhile, supply-chain disruption and inflationary pressures mounted. Looking ahead, business confidence was at its most elevated for seven years. source: Markit Economics

Manufacturing PMI in the United Kingdom averaged 51.87 points from 2008 until 2021, reaching an all time high of 61.50 points in January of 2011 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 April of 2021.

Manufacturing PMI in the United Kingdom is expected to be 55.00 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 52.80 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
58.90 55.10 61.50 32.60 2008 - 2021 points Monthly
SA


News Stream
UK Manufacturing PMI at Decade High in March
The IHS Markit/CIPS UK Manufacturing PMI was revised higher to 58.9 in March 2021, from a preliminary estimate of 57.9 and above February's 55.1. The latest reading pointed to the steepest month of expansion in factory activity since February 2011, supported by stronger demand from both domestic and overseas markets, the vaccine roll-out and preparations for the planned loosening of lockdown restrictions. Manufacturing output increased at the quickest pace since last November and new business rose at the second-fastest pace for over three years. In addition, jobs growth was at a seven-year high, supported by the sharpest rise in backlogs of work for 11 years. Meanwhile, supply-chain disruption and inflationary pressures mounted. Looking ahead, business confidence was at its most elevated for seven years.
2021-04-01
UK Manufacturing PMI Highest in 40 Months
IHS Markit/CIPS Flash UK Manufacturing PMI increased to 57.9 in March of 2021 from 55.1 in February, beating forecasts of 55. The reading pointed to the strongest growth in factory activity since November of 2017. Production growth reached its strongest since the end of 2020. New orders also increased at the fastest pace for three months, despite another relatively subdued rise in export sales. Hopes of a sustained rebound in customer demand contributed to robust job creation and the highest level of business optimism about the year ahead outlook since April 2014.
2021-03-24
UK Manufacturing PMI Revised Slightly Higher
The IHS Markit/CIPS UK Manufacturing PMI was revised slightly higher to 55.1 in February of 2021 from a preliminary of 54.9 and 54.1 in January. Output rose at the weakest pace during the current nine-month sequence of increase. New orders expanded following a slight decrease in January, as domestic demand improved and new export business inched higher. Companies reported improved demand from several markets – including the US, Asia, Scandinavia and (in a few cases) mainland Europe – but noted that the ongoing impact of COVID-19, Brexit complications and shipping difficulties also constrained export order growth. Business optimism rose to a 77-month high in February, with over 63% of companies reporting that they expect output to be higher in one year's time. Positive sentiment was linked to continued recovery from the pandemic, reopening of the global economy (including less transport restrictions) and reduced Brexit uncertainties.
2021-03-01
UK Factory Growth Above Forecasts
The IHS Markit/CIPS UK Manufacturing PMI increased to 54.9 in February of 2021 from 54.1 in January, beating market forecasts of 53.2, flash estimates showed. Still, the rate of factory growth was one of the weakest since the recovery began in June 2020. Employment increased marginally and new orders returned to growth while export sales remained weak. Manufacturing companies often cited severe supply chain disruptions as a factor holding back production volumes. This was attributed to international shipping delays, strong worldwide demand for raw materials and Brexit-related trade frictions. Also, the scale of the downturn in vendor performance was the second-largest since the survey began in 1992 (exceeded only by those seen in April 2020). Some manufacturers commented on weaker sales volumes due to temporary closures among clients in the consumer services sector, especially hospitality businesses.
2021-02-19

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.