UK manufacturing remains resilient despite further contractions in output
Commenting on the latest CIPS UK Manufacturing Purchasing Managers’ Index, which has increased slightly in April to 45.4, up from 44.9 in March, Mike Thornton, Head of Industrials at RSM UK, said: “The headline PMI increased slightly on the previous month, however is still well below 50, most likely driven by ongoing uncertainty towards US tariffs and overseas trade agreements.
Commenting on the latest CIPS UK Manufacturing Purchasing Managers’ Index, which has increased slightly in April to 45.4, up from 44.9 in March, Mike Thornton, Head of Industrials at RSM UK, said: “The headline PMI increased slightly on the previous month, however is still well below 50, most likely driven by ongoing uncertainty towards US tariffs and overseas trade agreements.
