Manufacturing growth regains momentum in October
The start of the final quarter saw the UK manufacturing sector record its best month of output growth since June 2014, stepping out of the subdued trend experienced through much of the year-to-date.
The headline seasonally adjusted Markit/CIPS Purchasing Manager’s Index® (PMI®) rose to a 16- month high of 55.5, a noticeable improvement on the upwardly revised figure of 51.8 posted in September (originally reported as 51.5).
The full Markit/CIPS UK Manufacturing PMI® Report is attached.
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