UK PMI manufacturing finalized at 52.8 in Jun, economic backdrop to darken further in H2

UK PMI Manufacturing was finalized at 52.8 in June, down from May’s 54.6, a two-year low. S&P Global said output growth slowed to near-stagnation pace as new orders intakes fell for the first time since January 2021. Price inflation remained elevated despite further easing. Rob Dobson, Director at S&P Global Market Intelligence, said: “UK manufacturing […]

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