UK September Manufacturing PMI Rises to 51.9 as Output Growth Hits Six-Month Low

The UK manufacturing sector recorded an eleventh consecutive month of expansion as the final Manufacturing Purchasing Managers' Index rose to 51.9 in September from 51.7 in August, though it slipped slightly below the 52.0 preliminary estimate. Factory production growth decelerated for a second consecutive month to its weakest pace in six months. Concurrently, both input costs and factory gate selling prices accelerated for the first time since May amid elevated expenses for energy, electronics, chemicals, and transportation, complicating the policy backdrop for the Bank of England.