Booming orders help United Kingdom factories to best month since 2013

PMI rises to 13-month high of 52.6 in November

PMI rises to 13-month high of 52.6 in November

Solid domestic demand propped up the Philippines' manufacturing sector in November, picking up to the highest level so far this year, the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers' Index shows.

Activity in the United Kingdom manufacturing sector picked up in November, hitting its highest level since August 2013, according to data released on Friday.

The PMI rose to 58.2 in November - up from 56.6 in October (originally reported as 56.3) - its highest level since August 2013 and the tenth-best registered during the near 26-year series history.

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Rob Dobson of IHS Markit, which compiles the PMI survey, told media that manufacturing now seemed to be rising at a quarterly rate of 2 per cent "providing a real boost to the pace of broader economic expansion".

The PMI is a composite index representing the weighted average of five sub-components: new orders, output, employment, suppliers' delivery time and stocks.

Official figures on British manufacturing, which painted a gloomier view than the PMI surveys for much of this year, have also now started to show improvement.

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They live in Hillcrest, the center of San Diego's LGBT scene, with buzzing gay bars and the city's massive annual Pride parade. Officials are now seeking court approval to prosecute them on the Computer Crime Act for uploading pornographic pictures, Col.

Manufacturers said domestic demand and a rebound in the energy sector helped drive new orders in November.

Greater output also led to an accumulation in post-production inventories, the survey found.

Survey data indicated that firms continued to face sharp cost increases, with input price inflation inching up to the highest since March. Manufacturers have seen supply-chain constraints and rising demand for raw materials overtake exchange rate effects as the primary motivator of price increases. "Growth in output and new orders picked up to the fastest since October 2016, reportedly supported by reductions in GST rates and stronger underlying demand conditions", said Aashna Dodhia, Economist at IHS Markit and author of the report.

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"The PMI suggests the strong growth momentum in the Filipino economy has some way to go", Aw said.

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