Tag: decline

  • UK ‘turning a corner’ as manufacturing decline slows

    The UK’s manufacturing sector appears to have taken a potential turn as November witnessed a slight improvement, beating forecasts, and a slowing rate of decline. S&P Global’s Purchasing Managers’ Index (PMI) for the UK economy landed at 47.2, up from October’s 44.8. The PMI assesses the health of an economy’s services and manufacturing sector. Economists…