British Pound Shows Resilience After Manufacturing Sector Sees Growth
Tuesday, 2 April 2024, 12:11
British Pound Bounces Back on Manufacturing Growth
Sterling was knocked by some surprise strength in US output, but has shown resilience after the manufacturing sector managed to scrape back into growth. Despite facing pressure, the Pound saw some domestic expansion which supported its rebound.
Key Points:
- Sterling knocked by surprise strength in US output
- Manufacturing sector scrapes back into growth
- Sterling faces pressure but sees domestic expansion
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.