UK Factory Sector Expansion Slows Amid Rising Costs

The S&P Global UK Manufacturing PMI rose to 51.9 in September from 51.7 in August, marking an 11th consecutive month of expansion.

However, production growth slowed to its weakest pace in six months, with the output sub-index falling to 51.5.

Input cost inflation accelerated for the first time since May, driven by higher prices for chemicals, electronics, energy, and food, as well as rising transport costs.

The Bank of England is expected to monitor the data closely for evidence that higher energy and transport costs are feeding into broader and more persistent inflation.