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Rob Dobson

  • Growth in UK manufacturing sector reaches two-year high giving firms ‘breathing space’

    Economics

    The UK manufacturing sector continued on the up, with production growth at its fastest since February 2022, a closely watched survey has shown. S&P’s purchasing managers’ index (PMI) for the manufacturing sector registered 52.1 in July, up from 50.9 in June and above flash estimates of 51.8. The PMI has remained above the neutral 50 [...]

    The manufacturing PMI has remained above the neutral 50 mark separating expansion from contraction in each of the past three months.

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