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Britain’s manufacturers take PMI to 51-month high (the low pound helping)
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James Harris
2017-12-04 21:10:48 UTC
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More good news partly helped by weaker sterling - sorry Remoaners but
this is all despite the unavoidable but short-term uncertainty over the
Brexit process. Still, take heart. Once the process is over sterling
will be pushed up again, and then you will be able to complain about it
slowing down exports.



Britain’s manufacturers take PMI to 51 month high

Britain’s manufacturers are reporting an increase in new orders and
production, a situation that is testing capacity and encouraging job
creation.

These are some of the findings from November’s IHS Markit/CIPS
Purchasing Managers’ Index (PMI), which shows a seasonally adjusted rise
to 58.2, its highest level since August 2013. The reading is also the
tenth-best registered during the near 26-year series history of the PMI.

Manufacturing production expanded at the fastest pace since September
2016 with companies linking this to an increase in new export orders and
a steady inflow of work from domestic customers.

Some companies noted higher sales to clients in Europe, the Americas,
Asia and the Middle East. There were also reports that the historically
weak sterling exchange rate continued to boost export competitiveness.

https://www.theengineer.co.uk/manufacturers-pmi/
--
James Harris
Let It Be
2017-12-05 00:11:31 UTC
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Post by James Harris
More good news partly helped by weaker sterling - sorry Remoaners but
this is all despite the unavoidable but short-term uncertainty over
the Brexit process. Still, take heart. Once the process is over
sterling will be pushed up again, and then you will be able to
complain about it slowing down exports.
Britain's manufacturers take PMI to 51 month high
Britain's manufacturers are reporting an increase in new orders and
production, a situation that is testing capacity and encouraging job
creation.
These are some of the findings from November's IHS Markit/CIPS
Purchasing Managers' Index (PMI), which shows a seasonally adjusted
rise to 58.2, its highest level since August 2013. The reading is
also the tenth-best registered during the near 26-year series history
of the PMI.
Manufacturing production expanded at the fastest pace since September
2016 with companies linking this to an increase in new export orders
and a steady inflow of work from domestic customers.
Some companies noted higher sales to clients in Europe, the Americas,
Asia and the Middle East. There were also reports that the
historically weak sterling exchange rate continued to boost export
competitiveness.
https://www.theengineer.co.uk/manufacturers-pmi/
Lies, damn lies and Brexit-idiot lies - and fake news!

As I have said before, in the short term, the brexit crap-heads will gloat
at what appears to be their land of milk and honey on the horizion - and
then crap themselves when Brexit takes full effect and this country is left
to scrape the bottom of the trade markets.

BTW, one Brexit idiot - an MEP hypocrite called Farrige, has stated that
when Brexit takes effect, he will accept the £73000+ a year retirement from
the EU (and partly paid for by the "divorce" settlement that has to be paid
by this country) with batting an embarrassed blink of an eye.

As sod all those workers born and bred in this country who will lose many
benefits brought in by the EU.
Yellow
2017-12-05 12:26:43 UTC
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Post by Let It Be
Lies, damn lies and Brexit-idiot lies - and fake news!
As I have said before, in the short term, the brexit crap-heads will gloat
at what appears to be their land of milk and honey on the horizion - and
then crap themselves when Brexit takes full effect and this country is left
to scrape the bottom of the trade markets.
When did the UK become so rotten that all that matters to some is money
at the expense of fairness?
Post by Let It Be
BTW, one Brexit idiot - an MEP hypocrite called Farrige, has stated that
when Brexit takes effect, he will accept the £73000+ a year retirement from
the EU (and partly paid for by the "divorce" settlement that has to be paid
by this country) with batting an embarrassed blink of an eye.
Why should the man who has done more to get us out of the EU than anyone
else give up his pension when we have so many others that have done
nothing for us at all, whatever side of the leave/remain divide you are
on, keeping theirs?

When did the UK become so rotten that all that matters to some is money
at the expense of fairness?
Post by Let It Be
As sod all those workers born and bred in this country who will lose many
benefits brought in by the EU.
What benefits do you imagine (note the word 'imagine') workers are going
to lose except free movement?

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