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UK Manufacturing Activity Growth Weakens In June

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The UK manufacturing sector expanded at a much slower pace in June as output growth grind to a near-standstill pace and new work intake contracted for the first time in more than a year, final data from the S&P Global showed on Friday.

The Chartered Institute of Procurement & Supply final factory Purchasing Managers' Index fell to a two-year low of 52.8 in June from 54.6 in May. The score was also below the flash 53.4.

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