The IHS Markit/CIPS UK Manufacturing PMI was revised slightly lower to 65.6 in May of 2021 from a preliminary of 66.1. The reading still pointed to a record growth in factory activity as output growth strengthened and new orders rose at the quickest pace in the near three-decade survey history. Looser pandemic restrictions and high levels of pent-up demand meant that the rapid revival in labour market conditions continued, with staffing levels also rising at a record pace. Shortages of raw materials and supply-chain disruption fed through to input costs during May, leading to the sharpest rise ever in purchasing costs. This led manufacturers to increase selling prices, with the rate of inflation hitting a survey record. May saw business sentiment rise to its highest level on record amid improved optimism reflected the end of the pandemic, economic recovery, planned business expansions, a revival in World trade flows and reduced supply-chain issues. source: Markit Economics

Manufacturing PMI in the United Kingdom averaged 52.01 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 June of 2021.

Manufacturing PMI in the United Kingdom is expected to be 59.50 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
65.60 60.90 65.60 32.60 2008 - 2021 points Monthly
SA


News Stream
UK Manufacturing PMI Revised Slightly Down, Remains at Record High
The IHS Markit/CIPS UK Manufacturing PMI was revised slightly lower to 65.6 in May of 2021 from a preliminary of 66.1. The reading still pointed to a record growth in factory activity as output growth strengthened and new orders rose at the quickest pace in the near three-decade survey history. Looser pandemic restrictions and high levels of pent-up demand meant that the rapid revival in labour market conditions continued, with staffing levels also rising at a record pace. Shortages of raw materials and supply-chain disruption fed through to input costs during May, leading to the sharpest rise ever in purchasing costs. This led manufacturers to increase selling prices, with the rate of inflation hitting a survey record. May saw business sentiment rise to its highest level on record amid improved optimism reflected the end of the pandemic, economic recovery, planned business expansions, a revival in World trade flows and reduced supply-chain issues.
2021-06-01
UK Factory Activity Rises at Record Pace: PMI
The IHS Markit/CIPS UK Manufacturing PMI jumped to 66.1 in May of 2021 from 60.9 in April, well above market forecasts of 60.5. The reading pointed to a record growth in factory activity amid loosening coronavirus restrictions, preliminary estimates showed. Steep increases in output, new orders and employment, alongside a return to growth for the stocks of purchases component drove the reading to record levels. Manufacturers noted a sharp improvement in demand from the US and China, alongside an easing in Brexit-related difficulties with exporting to EU clients. Severe delays continued across global supply chains in May, as signalled by a steep lengthening of vendors' delivery times. Goods producers responded by accumulating stocks of purchases for the first time in 2021 to date. Strong demand for manufacturing inputs, higher transport bills and a spike in commodity prices resulted in the fastest increase in overall purchasing costs since this index began in January 1992.
2021-05-21
UK Manufacturing PMI at Near-Record High in April
The IHS Markit/CIPS UK Manufacturing PMI was revised slightly higher to 60.9 in April 2021, from a preliminary estimate of 60.7 and above March's 58.9. The latest reading signaled the steepest pace of expansion in the UK manufacturing sector since a record growth rate hit in July 1994, due to a loosening of lockdown restrictions. Growth of output and new orders were both among the best seen over the past seven years and employment creation continued at a pace rarely surpassed in the survey history. At the same time, the sector remained beset by supply-chain delays and input shortages, however, which contributed to increased purchasing costs and record selling price inflation. Looking ahead, business confidence remained at a seven-year high, amid expectations for less disruption related to COVID-19 and Brexit, economic recovery, improved client confidence and planned new product launches.
2021-05-04
UK Factory Growth Highest since 1994: PMI
The IHS Markit/CIPS UK Manufacturing PMI increased to 60.7 in April of 2021 from 58.9 in March, beating market forecasts of 59, preliminary estimates showed. The reading pointed to the strongest factory growth since July of 1994, due to positive contributions from output, new orders and employment and there was also another rapid lengthening of suppliers' delivery times. Production volumes increased to the greatest extent sincelast August, with particularly strong momentum seen among food and drink manufacturers due to the reopening of hospitality businesses.
2021-04-23

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.