Report
Philip Rush
EUR 58.71 For Business Accounts Only

FLASH: UK PMI manu’ partially rebounds in Nov-18

- The UK’s manufacturing PMI rebounded by 2-points to 53.1 in Nov-18, contrary to the euro area’s stability, but the recovery in output was relatively modest. A flattish Q4 fits my forecast, although the CBI survey is much more bullish.
- Amid unseasonably warm weather, energy utility output is likely to weigh on overall IP in October before being broadly neutral in November. I expect IP to fall by 0.4% m-o-m in the 10 Dec release for Oct-18.
Provider
Heteronomics
Heteronomics

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Analysts
Philip Rush

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