Vereinigtes Königreich von Großbritannien und Nordirland Einkaufsmanagerindex Verarbeitendes Gewerbe

The S&P Global UK Manufacturing PMI rose to 52.5 in August of 2024 from 52.1 in the previous month, in line with preliminary estimates and firmly higher than the initial market consensus of 52.1 to record the fourth consecutive expansion for the UK factory activity, at the fastest pace in over two years, according to a flash estimate. The result contrasted sharply with the declining activity in manufacturing for the UK’s Eurozone members, as factories adapt to an era of higher borrowing costs. New orders rose at the highest pace this year, with firms citing an improved sales pipeline and higher risk-taking among clients, lifting output to a near two-and-a-half-year high. Consistently, work backlogs were cleared at the fastest pace since November 2023, adding to capacity demand and hence, aligning with the fresh increase in headcounts. On the price front, higher energy, metals, and plastic prices lifted input costs for factories, although the rate of increase eased from the prior month.