The IHS Markit/CIPS UK Manufacturing PMI increased to 58.2 in November of 2021 from 57.8 in October, pointing to the strongest growth in factory activity in 3 months, and well above market forecasts of 57.3, preliminary estimates showed. Output, new orders and employment rose the most since August but the supply chain crisis showed little sign of easing. Severe shortages of materials and staff held back growth and led to escalating input prices, with the rate of cost inflation the fastest since the survey began in January 1992. Also, export sales decreased slightly and manufacturers noted that long lead times and Brexit trade frictions had held back sales to customers in the EU. source: Markit Economics
Manufacturing PMI in the United Kingdom averaged 52.28 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 November of 2021.
Manufacturing PMI in the United Kingdom is expected to be 56.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Manufacturing PMI is projected to trend around 53.60 points in 2022 and 52.90 points in 2023, according to our econometric models.