April 2023

The UK manufacturing sector fell back into contraction in March, as output declined following a slight increase in February. Market conditions remained subdued overall. New export business decreased for the 14 month in a row. Overall new order books posted only fractional growth. Work backlogs fell further....

New car registrations rose +18.2% year on year during the new plate month. The SMMT reported a surge in deliveries for large fleets driving the eighth consecutive month of registration growth. Petrol-powered vehicles remained the most popular fuel type, comprising 56.3% of new units, while...

The Global/CIPS UK Construction PMI® for March read 50.7, slipping from 54.6 in February, but hanging on in the growth zone. The continued rise in UK construction output was helped by a moderate increase in new orders. Civil engineering (52.0) saw the fastest rise in business activity. Commercial building...