Skip to main content
Week 43 in Manufacturing News
1 min read

Week 43 in Manufacturing News

US: Markit Manufacturing PMI edges lower to 59.2 in October vs. 60.3 expected; UK manufacturing growth slows as costs rise; German Preliminary Manufacturing PMI improves to 58.2 in October vs. 56.5 expected.


US: Markit Manufacturing PMI Edges Lower to 59.2 in October vs. 60.3 Expected

The economic activity in the US manufacturing sector continued to expand in October, albeit at a slightly slower pace than it did in September, with IHS Markit’s Manufacturing PMI declining to 59.2 (preliminary) from 60.7. This reading missed the market expectation of 60.3.

Source: FX Street.

UK Manufacturing Growth Slows as Costs Rise

Factory output growth in Britain was hit by supply shortages in October, with manufacturers signalling another slowdown due to a lack of staff and material. Companies across the UK were also hit by a record rise in costs, IHS Markit said on Friday. The flash UK Manufacturing Output Index fell to 50.6, the weakest reading since February, and close to stagnation.

Source: Yahoo News.

German Preliminary Manufacturing PMI Improves to 58.2 in October vs. 56.5 Expected

The Manufacturing PMI in Eurozone’s no.1 economy came in at 58.2 this month vs. 56.5 expected and 58.4 prior. The index reached its lowest in nine months. Meanwhile, Services PMI dropped to six-month lows of 52.4 in October as against 55.0 estimated and 56.2 previous.

Source: FX Street.

Karl H Lauri
Karl H Lauri

For more than 4 years, Karl has been working at MRPeasy with the main goal of getting useful information out to small manufacturers and distributors. He enjoys working with other industry specialists to add real-life insights into his articles, with a special focus on using the feedback from manufacturers implementing MRP software. Karl has also collaborated with respected publications in the manufacturing field, including IndustryWeek and FoodLogistics.

Privacy Policy Update

You can read our full privacy policy and terms of service.


These cookies help us track site metrics to improve our sites and provide a better user experience.

These cookies used to serve advertisements aligned with your interests.

These cookies are required to provide basic functions like page navigation and access to secure areas of the website.

We use cookies to enhance your experience on our website. If you continue using this website, we assume that you agree with these.