UK PMI manufacturing finalized at 43, deepening downturn
<p>UK PMI Manufacturing was finalized at 43.0 in August, down from 45.3 in July. This marks the lowest level since May 2020, underscoring the frailty in the sector. S&P Global highlighted that the demand slackened due to weaker domestic and export conditions. Interestingly, purchase prices have also declined at their fastest rate since January 2016. […]</p>
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