UK manufacturing growth slowest in a year

Posted on 1 Aug 2014 by The Manufacturer

New data released today shows UK manufacturing grew in July at its slowest rate in a year.

The Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) fell to 55.4 from 57.2 in June – its lowest level since July 2013. The slowdown is in line with Bank of England predictions of a UK economic slowdown being on the horizon as a result of uncertainty over the crisis in the Ukraine and a likely…

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