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02 Aug
20:19

UK manufacturing growth stalls in July

The UK manufacturing Purchasing Managers’ Index (PMI) hit a three-month low in July on weaker increases in output and new orders, according to the latest HIS Markit/Chartered Institute of Purchasing and Supply (CIPS) survey. Intermediate goods production fell for first time in two years, the survey found. The seasonally adjusted IHS Markit/CIPS PMI fell to a three-month low of 54.0 in July, down from 54.3 in June and well below the highs achieved around th…
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