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30th of December 2010
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News Tag: CIPS/Markit

October 4, 2010

UK construction activity picks up in September

by Kay Murchie
”UK
The Chartered Institute of Purchasing and Supply(CIPS)/Markit construction PMI index showed activity improved last month, driven by the commercial sector and civil engineering. However, activity in the housebuilding sector dropped - bringing an end to a year-long period of expansion. The index edged higher to 53.8 in September, from 52.1 in August - surprising analysts, who had expected a fall to ...




October 1, 2010

UK manufacturing activity continues to slow in September

by Kay Murchie
”UK
The Chartered Institute of Purchasing and Supply (CIPS)/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity continued to slow in September. The closely-watched CIPS/Markit manufacturing PMI slid to a 10-month low of 53.4 in September, down from a revised 53.7 in August. The reading represented the lowest since November 2009 and fell short of expectations of a level ...




August 2, 2010

UK manufacturing activity slows further in July

by Kay Murchie
”UK
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity slowed further in July. The closely-watched CIPS/Markit manufacturing PMI dipped slightly from 57.6 in June to 57.3 in July. However, the reading exceeded forecasts of 57.0 and is still close to May’s 15-year high of 58.1. Furthermore, the sector has now expanded for a whole year and it remains way ...




June 1, 2010

UK manufacturing activity maintains 15-year high

by Kay Murchie
”UK
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity growth held steady in May, at the 15-year high. The closely-watched CIPS/Markit manufacturing PMI remained unchanged at 58 last month. The index has exceeded the crucial 50 mark, which represents growth, since July 2009 and May’s figure just exceeded analysts’ expectations of a level of 57.8. Commenting on the ...




April 1, 2010

UK manufacturing activity rises to 15-year high

by Kay Murchie
”UK
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity grew at its fastest rate since October 1994 in March. The closely-watched CIPS/Markit manufacturing PMI climbed to 57.2 in March from 56.5 the previous month. The index has exceeded the crucial 50 mark, which represents growth, since July 2009 and March’s figure just exceeded analysts’ expectations of a level ...




March 3, 2010

UK service sector recovers after snowy January

by Kay Murchie
”UK
The UK’s closely-watched service sector recovered in February after experiencing a dip in January as a result of bad weather disrupting services, as well as the VAT rise. The latest activity index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI showed a reading of 58.4 in February, up from 54.5 in January. Any reading above 50 indicates growth and February‘s ...




March 1, 2010

Strong UK manufacturing growth boosts recovery hopes

by Kay Murchie
”Strong
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity grew faster than expected in February - sustaining the previous month's 15-year high rate of growth. The positive figures will boost hopes that the economic recovery is gathering pace after last week’s fourth quarter GDP figures were revised upwards. Last week, the Office for National Statistics revealed the UK ...




February 1, 2010

UK manufacturing activity grows at fastest rate for 15 years

by Kay Murchie
”UK
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity rose at its fastest rate in 15 years in January. The figures will boost hopes that the economic recovery is gathering pace after last week’s disappointing fourth quarter GDP figures. The PMI grew to 56.7 in January, up from a revised 54.6 the previous month. The ...