The UK manufacturing sector contracted at the steepest pace in five months in September amid weak demand in both domestic and foreign markets, survey results from S&P Global showed on Wednesday.
The factory Purchasing Managers' Index fell to a five-month low of 46.2 in September from 47.0 in August. The flash estimate was also 46.2. A reading below 50.0 indicates contraction.
Output fell for the eleventh successive month and at the fastest pace in six months, linked to weaker intakes of new business. New orders fell to one of the greatest extents during the past two years.
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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.