UK Manufacturing PMI in December at 57.9... Down 0.2P from Previous Month
Market · CIPS Aggregate Announcement
[Asia Economy Reporter Cha Min-young] Market research firm Markit and the Chartered Institute of Procurement & Supply (CIPS) announced on the 4th that the UK Manufacturing Purchasing Managers' Index (PMI) for December was recorded at 57.9. This is lower than the previous month's 58.1 but higher than the expected 57.6.
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Since May 2021, the PMI index has shown a gradual downward trend. The index reached a peak of 66.1 last year but currently remains below 60.
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