manufacturing
Top StoriesIndia’s Aerospace Suppliers See Upside in Parts-Making From Record Jet Orders
Top StoriesUK Manufacturers See Lowest Inflation Since Feb 2021 – Cbi
Top StoriesGlobal Factory Activity Weakens as Demand Falters
Top StoriesUK Factories Face Tough 2023 After December Weakness
UK Manufacturers Expect Output to Fall 3.2% in 2023
Date: December 12, 2022
By David Milliken LONDON (Reuters) – British manufacturers expect output to fall by 3.2% next year after a 4.4% decline in 2022, as they are hit by rising raw material prices and borrowing costs and a slide in consumer demand, a trade body said on Monday. “There is simply no sugar-coating the outlook for next...
UK Manufacturing Shrinks at Fastest Rate Since mid-2020 – PMI
Date: November 1, 2022
LONDON (Reuters) – British manufacturing last month suffered its biggest contraction since the depths of the first COVID-19 lockdown in May 2020, with optimism draining fast, a survey showed on Tuesday. The final S&P Global UK Manufacturing Purchasing Managers’ Index (PMI) for October fell to 46.2 from 48.4 in September. While the October figure was...
World Factory Activity Weakens on Global Slowdown, Cost Pressures
Date: October 3, 2022
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory output mostly weakened in September as slowing demand added to the pain from persistent cost pressures and tighter monetary policy, surveys showed on Monday, diminishing economic recovery prospects. The data clouds the outlook for a sustained recovery from the COVID-19 pandemic and could add to...
UK Manufacturing PMI Shows Falling Output, Weak Foreign Demand
Date: October 3, 2022
LONDON (Reuters) – British manufacturing output fell for a third month in a row in September and orders declined for a fourth consecutive month, hurt by falling foreign demand, according to a closely watched survey released on Monday. The S&P Global manufacturing Purchasing Managers’ Index (PMI) rose to 48.4 from August’s 27-month low of 47.3...
Italy Manufacturing Activity Contracts for 3rd Month Running – PMI
Date: October 3, 2022
ROME (Reuters) – Italy’s manufacturing sector contracted for a third month running in September, a survey showed on Monday, with inflationary pressures and uncertainty over the economy hitting order volumes. The S&P Global Purchasing Managers’ Index (PMI) for Italian manufacturing came in at 48.3, slightly up from 48.0 the month before but below the 50...
UK Manufacturers Gloomy About Near-Term Outlook – Cbi
Date: September 21, 2022
By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation of British Industry showed on Wednesday. The CBI’s expected output balance – which measures the difference between the percentage of manufacturers who expect a rise...