UK Manufacturing PMI: Fall in output sees industry hit 25-month low

The manufacturing industry weakened to a 25-month low in July, according to the latest S&P Global / CIPS UK Manufacturing PMI®.

July 2022 UK Manufacturing PMI key findings: Manufacturing PMI falls to 25-month low Output falls in consumer and intermediate goods industries Job creation accelerates as companies address staff shortages

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For the first time in over two years, the UK manufacturing sector saw output contract in July, as new orders and exports both continue their decline.…