The UK manufacturing sector continued to shrink in August on faster declines in new orders and export business, survey results from S&P Global showed on Monday.
The factory Purchasing Managers' Index fell to 47.0 in August from a six-month high of 48.0 in July. This was also below the flash estimate of 47.3. A reading below 50.0 indicates contraction.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.