- Analytics
- News and Tools
- Market News
- UK’s manufacturing sector makes lackluster start to 2019
UK’s manufacturing sector makes lackluster start to 2019
The headline seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) fell to a three-month low of 52.8 in January from 54.2 in December The reading was the second-weakest since July 2016 and was below economists forecast of 53.5.
According to the report, the trend in production volumes was the weakest registered during the past two-and-a-half years and new order inflows recorded a marked slowdown in the rate of expansion. Employment fell for only the second time in the past two-and-a-half years Meanwhile, inventories of finished goods rose at the third-fastest rate in the survey history, bested only by those seen in May and December of 2018. On the price front, inflation of input prices eased to a 32-month low, despite higher raw material costs, suppliers raising their prices and the exchange rate. Average selling prices also increased at a slower pace.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
