UK Manufacturing PMI – December 2020

The UK manufacturing sector had a mixed end to 2020. Clients bringing forward orders to beat the end of the Brexit transition period and the ongoing bounce from the re-opening of the global economy boosted inflows of new orders and pushed output higher. However, port delays and other logistical disruptions meant that supply-chain delays lengthened to one of the greatest extents in the survey’s history.

Survey data were collected 4-18 December.

The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI®) rose to a three-year high of 57.5 in December, up from 55.6 in November. The level of the PMI was mainly boosted by a marked lengthening of suppliers’ delivery times and substantial increase in stocks of purchases as part of preparations before the end of the transition period (which also boosted new order intakes).

The full IHS Markit/CIPS UK Manufacturing PMI® Report is attached.

Lorraine MacKinder
Marketing and Membership Administrator

Tel: 020 7747 8121 (direct line)
Mobile: 07394561099
Email: Lorraine.MacKinder@steelconstruction.org