Business activity in the industrial area of the UK has significantly improved in October as a result of increasing demand, increasing the procurement of materials and the volume of orders.
Indx PMI, reflects the dynamics of business activity, economic conditions and prospects of development of the productive sector, for October was 53.7 points compared with 49 5 points in the previous month. Thus analysts predicted rise in the index up 50.1 points.
Recall that the indicator value above 50 points indicates growth of business activity in the industrial sphere, below the 50 – to slow down.
Indx PMI, reflects the dynamics of business activity, economic conditions and prospects of development of the productive sector, for October was 53.7 points compared with 49 5 points in the previous month. Thus analysts predicted rise in the index up 50.1 points.
Recall that the indicator value above 50 points indicates growth of business activity in the industrial sphere, below the 50 – to slow down.
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- Eurozone industrial production index rising fourth month in a row
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