UK PMI Manufacturing was finalized at 47.5 in February, up from January’s 47.0. This marks the highest reading since April 2023, yet the sector has been contracting for 19 consecutive months. Rob Dobson, Director at S&P Global Market Intelligence, said the impact of the Red Sea crisis was particularly pronounced, causing delays in raw material […]
The post UK PMI manufacturing finalized at 47.5, impacts of Red Sea crisis continue appeared first on Action Forex.
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