UK November final manufacturing PMI 48.9 vs 48.3 prelim

Author: Justin Low | Category: News

Latest data released by Markit - 2 December 2019

The preliminary report can be found here. A slightly more positive revision but it doesn't take away from the fact that it is still a poor overall reading - another contraction.

Markit notes that UK manufacturers are cutting jobs at their fastest rate since 2012, in another sign that the global slowdown is taking a further toll on the manufacturing sector. Add in Brexit uncertainty, it's definitely a rough combo for UK factory activity.

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