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UK PMI manufacturing finalized at 47.1, downturn deepened

UK PMI manufacturing finalized at 47.1, downturn deepened
UK PMI Manufacturing was finalized at 47.1 in May, down from April’s 47.8, hitting the lowest level in four-months. S&P Global noted the output contracted in investment and intermediate goods sectors. Input costs fell and supply chain pressured subsided. Rob Dobson, Director at S&P Global Market Intelligence, said: “The UK manufacturing downturn deepened in May, […] The post UK PMI manufacturing finalized at 47.1, downturn deepened appeared first on Action Forex... Read More
Posted: Jun 1 2023, 09:12
Author Name: actionforex
Views: 081317

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