The UK manufacturing sector expanded at a much slower pace in June as output growth grind to a near-standstill pace and new work intake contracted for the first time in more than a year, final data from the S&P Global showed on Friday.
The Chartered Institute of Procurement & Supply final factory Purchasing Managers' Index fell to a two-year low of 52.8 in June from 54.6 in May. The score was also below the flash 53.4.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com