UK manufacturing survives Iran war impact

City AM City AM

Manufacturing costs soared in May. https://www.cityam.com/wp-content/uploads/2024/09/005-Uk-car-production.jpg?w=1107" />

The UK’s manufacturing sector appeared to survive the immediate impact of the Iran war in May, new data has suggested, as researchers suggested that production rose to a four-year high.

S&P Global’s purchasing managers’ index (PMI) for the sector hit 53.9 in May, well above the neutrality figure of 50 and higher than April’s recording https://www.cityam.com/uk-manufacturing-survives-iran-war-impact/">[...]

Read full article at City AM →