UK Preliminary Manufacturing PMI ME Estimates With 54.3

The UK manufacturing and services sector activities showed mixed performance in September, the preliminary report from IHS Markit showed this Wednesday. 

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) dropped to a two-month low of 54.3 in September versus 54.3 expected and 55.2 – August’s final reading.

Meanwhile, the Flash UK Services Business Activity Index for September hit a three-month low of 55.1 versus August’s final readout of 58.8 and 56.0 expected.