UK manufacturing downturn persists: PMI edges up but optimism plummets

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<p>UK PMI Manufacturing data was finalized at 44.8 in October, marking a modest improvement from September’s 44.3. However, the report by S&P Global underscores some concerning aspects: declining output, a drop in new orders, and shrinking employment. Furthermore, business optimism has plunged to a ten-month low. Rob Dobson, Director at S&P Global Market Intelligence, underscored […]</p>
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