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UK December final manufacturing PMI 45.3 vs 44.7 prelim

UK December final manufacturing PMI 45.3 vs 44.7 prelim

A slight revision higher but it doesn't take away from the fact that the UK manufacturing downturn is accelerating towards the end of last year. Of note, production and new orders continued to fall at faster rates but at least selling price and input cost inflation did ease a little last month. S&P Global notes that:

“The UK manufacturing downturn took a further turn for the worse at the end of the year. Output cont... Read More

Posted: Jan 3 2023, 09:30
Author Name: forexlive
Views: 110821

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