The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI®) posted 57.8 in October, up from 57.1 in September, rising for the first time in five months. Although the PMI was boosted by improved growth of new orders and employment, alongside a steeper rise in stocks of purchases and lengthier vendor lead times, a further slowdown in output growth held back the headline index.
The full IHS Markit/CIPS UK Manufacturing PMI® Report is attached.
Marketing and Membership Administrator
Tel: 020 7747 8121 (direct line)