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British manufacturing PMI hits 16-month high

Published

9 years ago

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London: British manufacturing Purchasing Manager Index (PMI), a gauge of industry activities, gained momentum to hit a 16-month high of 55.5 in October, according to figures released by survey provider Markit on Monday.

The performance of the British manufacturing sector showed a noticeable improvement on the upwardly revised figure of 51.8 posted in September (originally reported as 51.5),as per reported.

Data showed that in October, there were solid improvements in the rates of growth in output and new orders.

The domestic market remained the prime source of new contract wins, while back-to-back increases in new export business were signalled for the first time since the third quarter of 2014.

Sector data pointed to broad-based expansions of both output and new business during October, with rates of increase moving higher at consumer, intermediate and investment goods producers.

“The start of the final quarter saw the manufacturing spring back into life and record its best month of factory output growth since June 2014. The revival provides a tentative suggestion that the manufacturers are pulling out of their recent funk, having been dogged by recession since the start of the year, and may help boost economic growth in the fourth quarter,” said Rob Dobson, senior economist at survey compilers Markit.

“With global raw material prices on a continuing downward path, purchasers increased their levels of stocks at a rate not seen for almost five years.

“So, if other sectors follow suit, there will be more conviction that British economic recovery is at last ongoing and sustainable,” said David Noble, group chief executive officer at the Chartered Institute of Procurement and Supply.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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