UK Manufacturing PMI: industry witnesses steepest job losses since 2020, as downturn deepens

Posted on 3 Mar 2025 by James Devonshire
The UK manufacturing sector’s downturn deepened  in February, with output and new orders falling at faster rates in the shortest month of the year. Meanwhile, the sector witnessed its steepest rate of job losses since 2020. The latest seasonally adjusted S&P Global UK Manufacturing Purchasing Managers’ Index™ (PMI®) fell to a 14-month low of 46.9…

This content is for subscribers only. Subscribe now for free to read the full article.