UK S&P Global Manufacturing PMI Final (Sep) 51.9 vs Exp. 52 (prev. 51.7)
September’s final UK manufacturing PMI was 51.9, while the report described renewed price pressure and faster increases in input costs and factory-gate prices.
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"The big shift in September was in the survey's price measures, which switched from signalling a decline in inflationary pressures to a renewed uplift." "After hitting conflict-driven highs earlier in the year, rates of increase in both input costs and factory gate selling prices accelerated for the first time since May. Energy and electronics prices remain especially elevated, while supply disruptions and rising diesel prices are now hitting transportation costs across industry."
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