UK manufacturing PMI remains above long-term trend

Posted on 1 Dec 2016 by Jonny Williamson

Purchasing activity within UK manufacturing remained solid during November, however Sterling’s weak performance continued to have an impact, according to the latest Markit/CIPS Purchasing Manager’s Index (PMI).

A strong end to 2016 was sustained over the past month for UK manufacturing with the sector notching up a score of 53.4 for November – slightly down on October’s 54.2, but above the long-run average of 51.5. November’s score sees the PMI remain above the neutral 50.0 mark for a fourth consecutive month. [breakout…

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