UK PMI manufacturing finalized at 49.7, Budget may deepen structural strain

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UK manufacturing showed tentative signs of life in October, with the final S&P Global PMI rising to 49.7 from September’s 46.2. However, the improvement remains fragile as sluggish demand and stock adjustments drove much of the uptick rather than a sustained pickup in new orders. Rob Dobson, Director at S&P Global Market Intelligence, said the […]The post UK PMI manufacturing finalized at 49.7, Budget may deepen structural strain appeared first on Action Forex.