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Economy And The Numbers

UK Manufacturing Growth Hits 4-Year High

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The UK manufacturing activity expanded at the quickest pace in four years despite facing inflationary and supply chain pressures, survey data from S&P Global showed Monday.

The final manufacturing Purchasing Managers' Index rose to a 48-month high of 53.9 in May from 53.7 in the previous month. The flash score was 53.7. The index had remained above the neutral 50.0 mark for the seventh straight month.

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