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The pace of decline in Britain's manufacturing sector steepened in June and optimism faded despite weakening price pressures, a survey showed on Monday. The S&P Global/CIPS UK...
The downturn in the UK manufacturing sector deepened in June, according to data released on Monday.
Despite easing price and supply chain pressures, the UK manufacturing activity shrank further in June amid an uncertain outlook for both domestic and foreign orders, final survey results from S&P Global and the Chartered Institute of Procurement & Supply showed on Monday.
London stocks had edged higher by midday on Monday amid hopes of further economic stimulus from China.
The downturn in the UK's manufacturing sector continued in June, according to survey data on Monday, as demand and output continued to fall. The S&P Global/CIPS manufacturing purchasing...