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01 Sep
01:00

UK manufacturing PMI falls in August as output growth slows

The Markit/UK Chartered Institute of Purchasing and Supply (CIPS) survey for August, monitored by Kallanish, shows a slowdown in UK manufacturing sector growth. Demand for UK exports continues to decrease and fell for the fifth successive month. The seasonally adjusted Markit/CIPS Purchasing Manager’s Index (PMI) for August fell back from July to 51.5, only just above the 26-month low seen in June. The current value is also well below the average for t…
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