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UK manufacturing makes positive start to final quarter despite rising price pressures
The UK manufacturing sector started the final quarter of the year on a solid footing. Production and new order volumes continued to rise at robust rates, as companies benefited from strong domestic market conditions and rising inflows of new export business. Price pressures remained elevated, however, with rates of inflation in input costs and output charges both accelerating and staying well above historical series averages. The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI® ) registered 56.3 in October, up from 56.0 in September (revised from the original reading of 55.9). The headline ... (full story)
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- datdle
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- UKBanter
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The elites think we are stupid. They are in the main quite correct.