UK manufacturing output declined at the joint steepest pace since August 2020 in the three months to May and output is expected fall further over the coming three months, a survey from the Confederation of British Industry showed on Thursday.
A net 25 percent of manufacturers said output declined in the three months to May and at the joint-steepest pace since August 2020, the latest monthly Industrial Trends Survey showed. A balance of 14 percent expects output volumes to fall again in the three months to August.
For comments and feedback contact: editorial@rttnews.com
Business News
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.