UK PMI manufacturing was finalized at 13-month low of 55.2, down from February’s 58.0. S&P Global said new export orders contracted for the second month running. Inflationary pressures strengthened. Rob Dobson, Director at S&P Global, said: “Manufacturers are being hit by several headwinds simultaneously, as supply shortages, greater caution among clients, escalating inflationary pressures, ongoing […]

The post UK PMI manufacturing finalized at 55.2, hit by several headwinds simultaneously appeared first on Action Forex.