UK manufacturing remained in a softer growth patch in June, as rates of expansion in production and new orders dipped well below those prevailing in the opening quarter of the year, according to Markit/CIPS figures released today.
The Markit/CIPS Purchasing Manager’s Index (PMI) shows that over the second quarter as a whole, growth of output and new orders was (on average) the weakest since Q1 2013. Falling to a 26-month low of 51.4 in June – down from a revised reading of 51.9 in May (previously published as 52.0) – the PMI…
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