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UK PMI manufacturing finalized at 43, deepening downturn
UK PMI Manufacturing was finalized at 43.0 in August, down from 45.3 in July. This marks the lowest level since May 2020, underscoring the frailty in the sector. S&P Global highlighted that the demand slackened due to weaker domestic and export conditions. Interestingly, purchase prices have also declined at their fastest rate since January 2016. […] The post UK PMI manufacturing finalized at 43, deepening downturn appeared first on Action Forex...
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Posted: Sep 1 2023, 08:55
Author Name: actionforex
Views: 111667