Brexit stockpiling gave UK manufacturers boost in November | Business

Article summary

Sector had best month in almost three years as firms increased production, finds IHS Markit/Cips survey. Britain’s manufacturers have enjoyed their best month in almost three years as firms cranked up production in case knife-edge Brexit trade talks with the EU ended in failure. The latest survey from IHS Markit/Cips found the industry was unaffected by November’s four-week lockdown in England, with output at its highest since December 2017. […] The final PMI rose from 53.7 points to 55.6 points in November and was higher than the flash estimate of 55.2 points published last month. […] Dobson added that the boost to manufacturing had been concentrated among firms supplying other companies and from investment goods.

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