
![]() |
Edward Lowton
Editor |
![]() ![]() |
ARTICLE
UK manufacturers report near-survey record increases in stock holdings
02 January 2019
At 54.2 in December, the seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) rose to a six-month high, up from 53.6 in November.

The average PMI reading during quarter four of 2018 was the weakest since Q3 2016 (the quarter containing the first survey conducted after the EU referendum). The average posting during 2018 (53.9) was also below 2017 (55.9).
The rise in the PMI level during December was mainly driven by stronger inflows of new business and a solid increase in stocks of purchases. Movements in both mainly reflected Brexit preparations by manufacturers and their clients. Output also increased, but at a slower pace than during November.
MORE FROM THIS COMPANY
- Mobile Water Solutions Launches Breakthrough Mobile Unit to Tackle Water Scarcity with Speed and Flexibility
- Ice Vector establishes Clearmark's foray into pallet labelling
- Safety engineering guide published by Institution of Mechanical Engineers
- Covid surge leads to SPS cancellation
- Oil cleaning system helps eliminate machine breakdown
- Modular welding machines
- PASMA launches scaffold tower safety resources
- Supercharging manufacturing field service productivity
- Fake items: Real problem
- Robots could take 20 million jobs by 2030
RELATED ARTICLES
- No related articles listed
OTHER ARTICLES IN THIS SECTION