Home Squawk UK July Manufacturing PMI Revised Slightly Lower

UK July Manufacturing PMI Revised Slightly Lower

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The IHS Markit/CIPS UK Manufacturing PMI was revised lower to 53.3 in July 2020, from the preliminary estimate of 53.6 and compared to June’s final reading of 50.1. The latest PMI pointed to the strongest pace of expansion in the manufacturing sector since March 2019 following the further loosening of the lockdown conditions in place due to the coronavirus outbreak.