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<Econ> UK March S&P Manufacturing PMI Final Reading Revised Down to 51, Below Expectations
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S&P Global announced that the final reading of the UK's March S&P Manufacturing PMI was revised down from the previous value of 51.7 to 51, falling short of market expectations which had confirmed an initial value of 51.4, but still marking five consecutive months of expansion. In March, UK manufacturing production contracted for the first time in six months, due to the Middle East conflict and local economic policy uncertainties, leading to a reduction in output. Input cost inflation surged sharply, and supply chain pressures intensified. Manufacturing business confidence fell to its lowest level since September last year. (da/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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