UK May Manufacturing PMI 47.1... Beats Expectations
Last month, the UK's Manufacturing Purchasing Managers' Index (PMI) stood at 47.1, surpassing the market expectation of 46.9, according to a report on the 1st (local time).
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A PMI above 50 indicates growth in the manufacturing sector, while a figure below 50 signifies contraction.
This content was produced with the assistance of AI translation services.
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