The IHS Markit/CIPS UK Manufacturing PMI fell to 49.4 in May 2019 from 53.1 in the previous month and well below market expectations of 52. The latest reading pointed to the first month of contraction in the manufacturing sector since July 2016 as new orders fell the most in nearly three years, with new export business declining at the quickest pace in over four-and-a-half years due to lower demand from Asia and Europe. In addition, output growth eased to a 34-month low and employment dropped the second straight month. On the price front, output charges inflation rose to a three-month high in May, while purchase price inflation edged lower. Looking ahead, manufacturers remained optimistic in May due to reduced uncertainty following Brexit, growth plans recoveries in domestic and overseas demand, new product launches and using new technologies. Manufacturing PMI in the United Kingdom is reported by Markit Economics.

Manufacturing PMI in the United Kingdom is expected to be 51.20 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 53.40 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 52.60 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 49.40 53.10 61.50 34.40 [+]
Services PMI 51.00 50.40 62.50 40.10 Index Points [+]
Industrial Production -1.00 1.30 22.70 -11.90 percent [+]
Industrial Production Mom -2.70 0.70 9.90 -8.00 percent [+]
Manufacturing Production -0.80 2.60 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 -10.00 -5.00 21.00 -79.00 Net Balance [+]
Changes in Inventories 4600.00 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 -56.10 -62.00 61.00 -77.20 [+]
Car Production 70971.00 126195.00 185157.00 43773.00 Units [+]
Car Registrations 183724.00 161064.00 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 0.50 1.90 -2.10 percent [+]
Private Investment 0.50 -0.90 63.70 -33.70 percent [+]
Mining Production 0.10 9.80 854.60 -90.50 percent [+]
Steel Production 644.00 735.00 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 50.90 50.90 61.80 47.60 [+]
Crude Oil Rigs 11.00 11.00 32.00 3.00 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 27054.00 32455.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.40 53.10 61.50 34.40 2008 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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