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Economy And The Numbers

UK Manufacturing Growth Moderates In March

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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The UK manufacturing sector growth moderated in March as rising uncertainty around geopolitical tensions and direction of domestic economic policy led to a scaling back of output, final survey results from S&P Global showed Wednesday.

The final manufacturing Purchasing Managers' Index registered 50.0 in March, down from 51.7 in February. The score was also below the flash estimate of 51.4.

Nonetheless, the index has remained above the neutral 50.0 mark for the fifth straight month.

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