(IHS Markit) UK posted a manufacturing PMI of 57.8 in October, a slight improvement from 57.1 in September and the first expansion in five months.
New orders expanded but were held back by supply chain disruptions, declining new export work, and staff shortages.
Input price inflation was one of the highest in the survey history which translated to a record output charge.
UK manufacturers remained optimistic, with about 62% of firms expecting an improvement in output in the coming year. The degree of optimism was at an eight-month low.
FTSE 100 is up +0.58, GBPUSD is down -0.17%.
