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02 Jul
16:22

UK manufacturing activity continues to sink

The UK manufacturing sector activity plunged to a six-year low in June according to the latest IHS Markit/Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish. Output was scaled back as new order inflows contracted and business confidence dipped amid ongoing uncertainty, the survey reveals. At 48.0 in June, down from 49.4 in May, the headline seasonally-adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) fell for the thir…
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