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Global Economic News

UK Manufacturing Downturn Continues

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

The UK factory downturn continued in September on weak output, new orders and employment, final survey results from S&P Global showed on Monday.

The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index posted 44.3 in September, up from a 39-month low of 43.0. The reading was above 44.2 estimated initially.

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April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.