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UK February final manufacturing PMI 49.3 vs 49.2 prelim

UK February final manufacturing PMI 49.3 vs 49.2 prelim

Little change on the initial estimate as UK manufacturing output rises for first time in eight months. New orders continue to reflect a decline but is at least showing signs of stabilising, with supply chain pressures also easing. S&P Global notes that:

“UK manufacturing showed encouraging signs of resilience in February. Output rose for the first time in eight months, boosted by weaker cost inflation and reduced su... Read More

Posted: Mar 1 2023, 09:30
Author Name: forexlive
Views: 102664

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