UK PMI Manufacturing was finalized at 49.3 in February, up from January’s 47.0. That’s the highest level in 7 months even though it’s stuck in contraction territory. New orders fell but showed signs of stabilizing. Input cost and output price inflation eased. Rob Dobson, Director at S&P Global Market Intelligence, said: “UK manufacturing showed encouraging […]
The post UK PMI manufacturing finalized at 49.3 in Feb, showed encouraging signs of resilience appeared first on Action Forex.