British manufacturing activity expanded for a ninth straight month in July but at the slowest pace in four months, according to purchasing managers’ data. The S&P Global Purchasing Managers’ Index for Britain’s manufacturing sector fell to 51.9 in July from 52.5 in June.
The manufacturing PMI’s output component rose to 52.9 from 52.6, representing the broadest growth since September 2024 but a smaller increase than the flash reading of 53.6. Readings above 50 represent growth, while those below it represent contraction.
Manufacturers reported the smallest rise in input costs since February while employment levels stagnated. Small manufacturers reported a mild downturn in production volumes in July while medium and larger ones reported growth.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
