The IHS Markit/CIPS UK Manufacturing PMI fell to 52.9 in January of 2021 from 57.5 in December, well below market forecasts of 54. The reading pointed to the slowest growth in factory activity since June amid coronavirus lockdown restrictions, flash estimates showed. Lower levels of new orders, reduced employment and a swift depletion of pre-production inventories were the main factors weighing on the headline PMI. Also, shortages of critical manufacturing inputs hold back growth, due to a deterioration in supplier performance, almost exclusively linked to both Brexit disruption and a severe lack of international shipping availability. source: Markit Economics

Manufacturing PMI in the United Kingdom averaged 51.79 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 January of 2021.

Manufacturing PMI in the United Kingdom is expected to be 51.20 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 52.00 in 12 months time. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 52.60 points in 2022, according to our econometric models.

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United Kingdom Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
52.90 57.50 61.50 32.60 2008 - 2021 points Monthly
SA


News Stream
UK Factory Growth Slows Sharply
The IHS Markit/CIPS UK Manufacturing PMI fell to 52.9 in January of 2021 from 57.5 in December, well below market forecasts of 54. The reading pointed to the slowest growth in factory activity since June amid coronavirus lockdown restrictions, flash estimates showed. Lower levels of new orders, reduced employment and a swift depletion of pre-production inventories were the main factors weighing on the headline PMI. Also, shortages of critical manufacturing inputs hold back growth, due to a deterioration in supplier performance, almost exclusively linked to both Brexit disruption and a severe lack of international shipping availability.
2021-01-22
UK December Manufacturing PMI Hits 3-Year High
The IHS Markit/CIPS UK Manufacturing PMI was revised higher to 57.5 in December 2020, up from a preliminary estimate of 57.3 and compared to November's final reading of 55.6. The latest reading pointed to the steepest pace of expansion in the manufacturing sector since November 2017, supported by rising new orders as clients brought forward orders to guard against potential disruption caused by the end of the Brexit transition period. At the same time, quantities of purchases rose at the third-fastest rate in the 29-year survey history, and inventories of purchases subsequently increased to the second-greatest extent in the survey history. However, port delays and other logistical disruptions meant that supply-chain delays lengthened to one of the greatest extents in the survey's history. On the price front, input cost inflation was the highest in two-and-a-half years. Looking ahead, business optimism eased in December.
2021-01-04
UK Factory Growth Strongest in 3 Years
The IHS Markit/CIPS UK Manufacturing PMI increased to 57.3 in December of 2020 from 55.6 in November, well above forecasts of 55.9. The reading pointed to the strongest expansion in factory activity since November of 2017, flash estimates showed. New orders expanded at the fastest pace since August, supported by a temporary boost to purchasing ahead of the Brexit deadline, while stocks of purchases were accumulated to the greatest extent since April 2019. A slower rate of job shedding and a faster lengthening of supplier lead times also contributed to a rise in the headline PMI in December.
2020-12-16
UK Manufacturing PMI Revised Higher to Near 3-Year High
The IHS Markit/CIPS UK Manufacturing PMI was revised higher to 55.6 in November of 2020 from a preliminary of 55.2 and above 53.7 in October. The reading pointed to the strongest growth in factory activity in near 3 years as output and new business accelerated and the downturn in employment slowed. The upcoming end to the Brexit transition period meanwhile led to rising levels of input purchasing, stockpiling of raw materials and stronger gains in new export business as EU-based clients brought forward orders.
2020-12-01

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.