UK manufacturing faces tough operating conditions in Feb: S&P Global
The UK manufacturing sector continued to face tough operating conditions in February, as ongoing concerns about weak demand and rising cost pressures led to deeper downturns in output, new orders and employment, S&P Global UK manufacturing PMI data show. Companies faced weaker demand from both domestic and overseas clients. However, business optimism rose to a six-month high in February.
The UK manufacturing sector continued to face tough operating conditions in February, as ongoing concerns about weak demand and rising cost pressures led to deeper downturns in output, new orders and employment, S&P Global UK manufacturing PMI data show.
Companies faced weaker demand from both domestic and overseas clients.
However, business optimism rose to a six-month high in February.
