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Dongguan Goodjob Precision Components Co.,Ltd.

ADD: No.68, Changsheng North Road, Dalang,Dongguan,Guangdong,China

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Brexit: Manufacturers Stepped Up Stockpiling In December, Survey Reveals
Jan 03, 2019

Nervous UK manufacturers stockpiled goods and material in December ahead of Brexit, the latest survey of the sector showed.

Input inventories subsequently rose at the fourth-fastest rate in the 27-year history of the Purchasing Managers’ Index (PMI).

“Stocks of purchases and finished goods both rose at near survey-record rates, while stockpiling by customers at home and abroad took new orders growth to a 10-month high,” said Rob Dobson of IHS Markit, which compiles the PMI.

The inventory buildup helped boost the headline activity index to a six-month high of 54.2, up from 53.6 in November. A figure above 50 represents growth from the previous month.