UK Flash Manufacturing PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact;
- UK Flash Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Sep 23, 2024 | 51.5 | 52.3 | 52.5 |
Aug 22, 2024 | 52.5 | 52.1 | 52.1 |
Jul 24, 2024 | 51.8 | 51.1 | 50.9 |
Jun 21, 2024 | 51.4 | 51.3 | 51.2 |
May 23, 2024 | 51.3 | 49.5 | 49.1 |
Apr 23, 2024 | 48.7 | 50.3 | 50.3 |
Mar 21, 2024 | 49.9 | 47.9 | 47.5 |
Feb 22, 2024 | 47.1 | 47.5 | 47.0 |
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- UK Flash Manufacturing PMI News
UK private sector firms indicated a sustained upturn in business activity during September, marking 11 months of continuous expansion. However, output growth slowdowns in both manufacturing and services meant that the overall speed of recovery moderated for the first time since June. Prices charged inflation across the private sector economy eased to a 42-month low in September. A weaker rise in prices charged by service providers more than offset an acceleration in factory gate price inflation. However, there were still signs of ...
The Swiss National Bank (SNB) will be the final major central bank to announce its policy decision in September. Like the Fed, there is a substantial degree of uncertainty around the size of the cut. Investors have priced in around a 60% probability of a 25-basis-point rate reduction, with the remaining odds being for a 50-bps move. Expectations for a larger cut have gained ground since the beginning of August when the Swiss franc spiked higher against the US dollar and euro. SNB chief Thomas Jordan, who will chair his last meeting ...
August PMI data signalled another solid expansion of UK private sector output, supported by a robust upturn in new order intakes. Rising business activity and resilient demand conditions contributed to a greater uplift in staff hiring, with the rate of employment growth the fastest since June 2023. Survey respondents also noted that more upbeat assessments of the domestic economic outlook had spurred efforts to boost business capacity. At the same time, inflationary pressures moderated across the private sector in August, with input ...
Private sector activity in the UK expanded at a solid and faster rate in July, according to ‘flash’ PMI data, supported by the sharpest upturn in new business for 15 months and a strengthening of business confidence after a dip in June. Services activity growth accelerated slightly, while manufacturing output rose to the strongest degree since February 2022. The upturn encouraged firms to increase their staffing numbers at the quickest pace for 13 months, while future activity expectations came close to matching February’s two-year ...
UK private sector business activity expanded in June at its slowest rate since last November, as a slowing of service sector growth offset a stronger performance in manufacturing. Output at goods producers rose to the greatest degree since April 2022, driven by improved order book intakes and strong business confidence. At the same time, services activity grew at its softest pace for seven months, although survey evidence indicated that the slowdown was partly driven by a pause in client spending decisions during the election period. ...
UK private sector activity registered a solid expansion in May as a resurgence in manufacturing production supplemented a further, albeit slower, upturn in services output. Business activity growth was again accompanied by a rise in new order volumes and an uptick in export sales, but ongoing hiring challenges meant that the rate of job creation remained only marginal. At the same time, UK businesses reported the softest increase in average selling prices for over three years in May, partly linked to a slowdown in input cost ...
UK private sector activity expanded for the sixth consecutive month in April as a robust recovery in service sector output helped to offset a marginal decline in manufacturing production. Output growth was supported by a solid upturn in new order volumes and a modest acceleration in staff hiring, in each case driven by the service economy. April data indicated a steep increase in average cost burdens across the private sector, with the rate of inflation up sharply from March and the highest since May 2023. Stronger input price ...
March data pointed to another solid upturn in output levels across the UK private sector, with the rate of expansion only fractionally slower than February’s nine-month high. This largely reflected increasing business activity in the service economy. Manufacturing production nonetheless turned a corner in March, ending a twelve-month period of decline, amid the fastest rise in new orders since May 2022. Input prices continued to rise at a sharp pace in March, with the rate of inflation the second-fastest since August 2023. Service ...
Released on Sep 23, 2024 |
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Released on Aug 22, 2024 |
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Released on Jul 24, 2024 |
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Released on Jun 21, 2024 |
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Released on May 23, 2024 |
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Released on Apr 23, 2024 |
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Released on Mar 21, 2024 |
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