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UK PMI Manufacturing was finalized at 49.1 in April, down from March's 50.3. This decline was also reflected in four key areas: output, new orders, employment, and stocks of purchases. Furthermore, input price inflation hit a 14-month high, exacerbating cost pressures for manufacturers.

British manufacturing fell back into contraction in April and cost pressures escalated, although the pace of decline was a little less marked than first feared, a survey showed on Wednesday. ... -May 01, 2024 at 04:30 am EDT - MarketScreener

The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.

New figures confirmed that the manufacturing sector slipped back into contraction in April as the sector suffered from uncertain demand.

The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.

The S&P Global/CIPS UK manufacturing PMI survey slipped to 49.1 in April, having hit a 20-month high of 50.3 the previous month.

(Refiles to remove extraneous word in headline) LONDON (Reuters) – British manufacturing fell back into contraction in April and cost pressures escalated, although the pace of decline was a little less marked than first feared, a survey showed on Wednesday. The S&P Global UK Manufacturing Purchasing Managers’ Index (PMI) fell in April to 49.1. While…

The euro pound exchange rate is trading without a clear direction this morning as Eurozone markers close for Labour Day.

The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home.