UK Manufacturing PMI: Industry slips back into decline following promising March

Stock image - worker grinding casting in manufacturing facility. Image credit: Shutterstock

The UK manufacturing industry slipped back into a decline in April, with output and new orders both contracting, according to the latest S&P Global UK Manufacturing PMI®.

April 2024 UK Manufacturing PMI key findings: Manufacturing PMI at 49.1 in April Input price inflation at 14-month high Business optimism remains positive

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Uncertain market conditions, client destocking…