UK Manufacturing PMI: Industry downturn eases in November

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The UK manufacturing industry downturn eased in November, with industry potentially turning a corner as the end of the year approaches, according to the latest S&P Global / CIPS UK Manufacturing PMI®.

November 2023 UK Manufacturing PMI key findings: Manufacturing PMI at 47.2 in November Downturns in output and new orders ease Cost-caution leads to lower employment

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In November, the seasonally adjusted UK Manufacturing PMI rose to 47.2, up from October’s reading of 44.8 and higher than the earlier flash estimate of 46.7. A reading below…