empty
 
 

2017.11.0105:44:00UTC+00UK Factory Activity Growth Strengthens In October

The UK manufacturing sector activity expanded notably in October, survey data from IHS Markit showed Wednesday.

The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index rose to 56.3 in October from revised 56.0 in September.

The expected score was 55.9. The headline PMI has now signaled expansion for 15 consecutive months.

Production and new order volumes continued to rise at robust rates. Price pressures remained elevated with rates of inflation in input costs and output charges both accelerating since September.

"The sector looks to be achieving a quarterly rate of expansion close to 1 percent, therefore sustaining the solid pace of growth signaled by the official ONS estimate for the third quarter," Rob Dobson, Director at IHS Markit, said.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback