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Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for about 10 percent of the economy, rose to 52.8 from 52.2 in August, the highest reading since June 2008.

- Production contracted marginally in September after having increased in August for the first time in three months.

The UK manufacturing sector continued to expand at a solid clip during September, with production and new orders both rising at above long-run average rates.

Positive outlook Confidence in United Kingdom manufacturing is also high, with over 51 percent of manufacturing companies surveyed expecting further growth in production over the next 12 months. Amid reports of the passing on of higher cost burdens to clients, companies raised their output charges for the 13th successive month in September. Planned overseas expansion is contributing to a positive outlook for the sector, as manufacturers look to increase their worldwide client bases, expand into new territories and invest in new products and greater efficiency, both at home and abroad.

This combined with a report from law firm Baker McKenzie suggesting that Britain's manufacturers could lose up to £17bn a year in the event of a "hard Brexit" has led to investors fleeing the Pound at the start of the week.

"Exports remain a bright spot, however, still rising at one of the strongest rates over the past six-and-a-half years".

"This will depend on factors such as actual fulfilment and value of orders, as well as cost pressures faced by businesses". A longer colder winter reportedly contributed to increased demand for heating equipment. This reflected a combination of rising commodity prices, the exchange rate, and increased supply-chain pressures.

Canadian manufacturers indicated a solid degree of job creation in September, the report said, although the rate of employment growth eased from August's survey-record high.

"The weak peso continued to pose a problem for manufacturers".

Neil Lloyd, sales director at law firm, FBC Manby Bowdler, observed: "The strong performance this month should come as no surprise".

In August, Poland's PMI inched up to 52.5 from 52.3 in July.


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