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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.