Indonesia's Manufacturing Activity Growth Slows in September

Reuters

Reuters

The growth of new export business remained among the best registered over the past six-and-a-half years.

The Pound is treading water in early trading Monday as markets await September's reading of Britain's industrial pulse, the IHS Markit manufacturing PMI, which is expected to show activity among United Kingdom manufacturers cooling a touch during the month.

Where an increase in output was registered, this was mainly due to rising intakes of new business.

Poland's Purchasing Managers' Index (PMI) rose to 53.7 in September from 52.5 in August, according to Markit, a provider of financial information services. Sales have increased to Europe, China, the USA and South America.

After declining in August, export orders increased last month even as "the degree of expansion was the mildest since the survey started in January a year ago".

LEROY: Rudolph, OSU prevail against improved Tech defense
In fact, they reached the red zone on every possession in the first half but couldn't find much separation on the scoreboard. The Red Raiders had already defeated quality opponents like the Arizona State Sun Devils and Houston Cougars. "We lost.

Manufacturers responded to capacity pressures by adding to their workforce numbers at a rate that was close to May's near survey record increase. The rate of input price inflation quickened to the fastest since April, which has led to a pick-up in output charges, data showed. Some firms also mentioned an ongoing boost from the historical weakness of sterling, although this was less prominent as a factor than earlier in the year.

Output in Britain's manufacturing sector slipped in September amid a surge in costs linked to higher commodity prices and the weak pound. Manufacturers need to look at their business processes, costs and overall performance to ensure they can improve efficiency and risk management.

"The survey data pointed to further slowing in output growth and a modest sales trend while employment shrank again as firms indicated sufficient manpower to meet production demand", he added.

Optimism is still relatively strong, with more than 51% of firms expecting production to rise over the coming year, reflecting worldwide expansion efforts, efficiency drives and fresh investment plans.

The latest figures show manufacturing production rose for the 14 consecutive month, but eased back from August's recent high. "There were also reports of rising cost inflation affecting production levels".

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