British manufacturers suffered the sharpest fall in activity in more than six ye...
LONDON, July 1 - British manufacturers suffered the sharpest fall in activity in more than six years last month against a backdrop of Brexit uncertainty and global trade tensions, a survey showed on Monday, adding to signs of economic weakness.
The PMI’s output component dropped to 47.2 from 50.3 in May, pointing to the biggest contraction since October 2012. Although the PMI numbers have sometimes proved gloomier than official data at times of political uncertainty, the reading for June is not alone in pointing to a slowdown in Britain. The stockpiling boost has now gone into reverse, and many economists - including Bank of England forecasters - think overall growth slowed to a halt in the second quarter, exacerbated by widespread Brexit-related stoppages in the car industry in April.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
China's June factory activity shrinks faster than expected: official PMIChina's factory activity shrank more than expected in June, an official sur...
Baca lebih lajut »
China's service sector activity grows at slower pace in June: PMIGrowth in China's services sector activity held firm in June, an official s...
Baca lebih lajut »
China's June factory activity shrinks faster than expected: official PMIChina's factory activity shrank more than expected in June, an official sur...
Baca lebih lajut »
China June factory activity unexpectedly shrinks as trade war weighs: Caixin PMIChina's factory activity unexpectedly shrank in June as domestic and export...
Baca lebih lajut »
Euro zone factory activity contracted for fifth month in June: PMIFactory activity in the euro zone shrank faster last month than previously thoug...
Baca lebih lajut »
UK Brexit negotiator Robbins to leave role: The Sunday TimesBritain's lead Brexit negotiator Olly Robbins will leave his role in govern...
Baca lebih lajut »