UK manufacturing PMI at highest level in over four years

Posted on 1 Dec 2017 by Jonny Williamson
The PMI is an indicator of the economic health of the manufacturing sector.

Growth in UK manufacturing hit a four-year high in November, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI).

The PMI is an indicator of the economic health of the manufacturing sector. The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) rose to 58.2 in November, up from 56.6 in October (originally reported as 56.3), its highest level since August 2013. The index unveils that manufacturing production expanded at the…

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