Factory output down as rising costs, weak demand hit UK manufacturers

NAMPA / DPA

2025-02-03

London (PA Media/dpa) - British factory output continued falling in January, as manufacturers reported that cost inflation had hit a two-year high. The S&P Global UK manufacturing PMI survey, watched closely by economists, recorded a reading of 48.3 last month, from 47 in December. Any reading above 50 indicates that activity is growing while any score below means it is contracting. New orders and jobs continued to fall across the board, as firms......

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