UK PMI manufacturing finalized at 45.3, deepening downturn

<p>UK PMI Manufacturing was finalized at 45.3 in July. This level, matching the joint-weakest performance since May 2020, signals an ongoing deterioration in operating conditions, with PMI remaining below the pivotal 50.0 threshold for the twelfth consecutive month. “July saw a deepening of the UK’s manufacturing downturn,” noted Rob Dobson, Director at S&P Global Market […]</p>
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