UK June final manufacturing PMI 50.9 vs 51.4 prelim ...Middle East

Prior 51.2It's a slight revision lower to the initial reading but still reaffirms a marginal growth in UK's manufacturing sector. Both output and new orders continued to expand for a second successive month. However, price pressures remain stubborn with input cost inflation rising to a 17-month high. That's a troubling sign for the BOE. S&P Global notes that:“The UK manufacturing sector is enjoying its strongest spell of growth for over two years, with June seeing output and new order growth sustained at robust rates similar to May's recent highs. The performance of the domestic market remains a real positive, providing a ripe source of new contract wins. In contrast, the ongoing weak export

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UK June final manufacturing PMI 50.9 vs 51.4 prelim ...Middle East

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