FOREX TradingCharts.com

Financial News: UK Manufacturing Activity Expands Most In More Than

UK Manufacturing Activity Expands Most In More Than 4 Years

12/01/2017 - 04:51:00 (RTTNews)

(RTTNews) - The UK manufacturing sector expanded at the fastest pace in more than four years in November, data from IHS Markit showed Friday.

The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index rose to 58.2 in November from revised 56.6 in October. This was the highest score since August 2013.

The score was forecast to rise moderately to 56.5 from October's originally estimated value of 56.3.

On its current course, manufacturing production is rising at a quarterly rate approaching 2 percent, providing a real boost to the pace of broader economic expansion, Rob Dobson, director at IHS Markit, said.

Production expanded at the fastest pace since September 2016. Companies linked this to stronger inflows of new orders, data showed.

At the same time, staffing levels climbed for the sixteenth successive month, with the rate of jobs growth the highest since June 2014.

On the price front, data revealed that output charges continued to rise at a substantial clip, the fastest for seven months and among the highest during the past six-and-a-half years.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


WTO: Argentinean President Defends Open Markets In Speech (10 min(s), 44 sec(s) ago)
(RTTNews) - Argentinean President Mauricio Macri on Tuesday hosted the opening ceremony of the Wor ...Full Story»

TECHINT: Company To Develop US$ 1 Billion Steel Mill In Mexico (02 hr(s), 17 min(s), 44 sec(s) ago)
(RTTNews) - The Italian-Argentinean multi-national Grupo Techint pitched to Mexican President Enri ...Full Story»

Poland Core Inflation Accelerates In November (07 hr(s), 53 min(s), 44 sec(s) ago)
(RTTNews) - Poland's core inflation accelerated in November after easing in the previous month ...Full Story»

India Inflation Climbs To 15-month High In November (08 hr(s), 05 min(s), 44 sec(s) ago)
(RTTNews) - India's retail inflation accelerated to its highest level in fifteen months in Nov ...Full Story»

U.S. Producer Prices Climb More Than Expected In November (08 hr(s), 14 min(s), 44 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by slightly more than expected in the month of N ...Full Story»

German Economic Sentiment Deteriorates More Than Forecast (08 hr(s), 59 min(s), 44 sec(s) ago)
(RTTNews) - Germany's economic sentiment weakened more-than-expected in December amid politica ...Full Story»

UK Inflation Rises To 3.1%, Highest Since 2012 (09 hr(s), 29 min(s), 44 sec(s) ago)
(RTTNews) - UK inflation accelerated unexpectedly to its highest level in more than five years in ...Full Story»

South Africa's Manufacturing Production Rebounds In October (10 hr(s), 44 min(s), 44 sec(s) ago)
(RTTNews) - South Africa's manufacturing production increased at a faster-than-expected pace i ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

WTO: Argentinean President Defends Open Markets In Speech

12/12/2017 - 16:47 PM (RTTNews)
(RTTNews) - Argentinean President Mauricio Macri on Tuesday hosted the opening ceremony of the Wor ...Full Story>>

TECHINT: Company To Develop US$ 1 Billion Steel Mill In Mexico

12/12/2017 - 14:40 PM (RTTNews)
(RTTNews) - The Italian-Argentinean multi-national Grupo Techint pitched to Mexican President Enri ...Full Story>>

Poland Core Inflation Accelerates In November

12/12/2017 - 09:04 AM (RTTNews)
(RTTNews) - Poland's core inflation accelerated in November after easing in the previous month ...Full Story>>

India Inflation Climbs To 15-month High In November

12/12/2017 - 08:52 AM (RTTNews)
(RTTNews) - India's retail inflation accelerated to its highest level in fifteen months in Nov ...Full Story>>

U.S. Producer Prices Climb More Than Expected In November

12/12/2017 - 08:43 AM (RTTNews)
(RTTNews) - Producer prices in the U.S. increased by slightly more than expected in the month of N ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.