Analysis of the Latest UK Manufacturing PMI Data for June 2024

Monday, 1 July 2024, 08:30
The final manufacturing Purchasing Managers' Index (PMI) data for the UK in June 2024 stood at 50.9, slightly lower than the preliminary figure of 51.4. The report, released by S&P Global on 1st July 2024, indicates a potential slowdown in the manufacturing sector. This slight decline in PMI may suggest a moderation in manufacturing activity, which could impact the broader economic outlook.
ForexLive
Analysis of the Latest UK Manufacturing PMI Data for June 2024

Key Highlights:

The final UK manufacturing PMI for June 2024 was 50.9, below the preliminary figure of 51.4.

Implications:

  • Indicate a potential slowdown in the manufacturing sector.
  • Slight decline in PMI suggests moderation in manufacturing activity.

This could impact the broader economic outlook.

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