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PMI

  • Growth in UK manufacturing sector slows but continues to ‘recover solidly’

    July 1, 2024

    This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.

  • Recovery in construction sector continues as activity builds to two-year high

    June 6, 2024

    An upturn in commercial property helped push construction activity to its highest level in two years, a new survey shows.

  • Interest rate cuts edge closer after ‘very encouraging’ inflation news

    June 5, 2024

    Following today’s release, Rob Wood, chief UK economist at Pantheon Macroeconomics, said April’s worryingly high inflation figures were a “flash in the pan”.

  • Manufacturing activity jumps to highest level in over two years

    June 3, 2024

    The survey showed that the upturn in activity was broad-based by both sub-sector and company size.

  • UK economy: Survey suggests growth is slowing ahead of July general election

    May 23, 2024

    The performance of the UK economy is likely to be central to the election campaign.

  • UK construction activity recovers despite housebuilding struggles

    May 7, 2024

    Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.

  • UK manufacturing slips back into contraction amid Red Sea disruption fears

    May 1, 2024

    The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.

  • Strong services sector helps UK economy continue to ‘gain momentum’, but inflationary fears mount

    April 23, 2024

    Although the manufacturing sector recorded a marginal decline in activity in April, output from the services sector climbed for the sixth consecutive month.

  • UK services sector continues to grow driving fears of ‘sticky’ inflation

    April 4, 2024

    Firms in the service sector noted that economic conditions were slowly improving, but flagged household incomes remained constrained due to higher interest rates.

  • UK economy ahead of rivals as prospects for 2024 look rosy

    April 4, 2024

    The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.

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