Growth in UK Manufacturing Activity Slowed in June

Forex News

Growth in the manufacturing sector of the UK slowed last month. The results of the IHS Markit/CIPS survey showed that Manufacturing PMI in the UK fell to 54.3, and is at its lowest level in three months.

Economists predicted that the figure will rise to 56.5. Such data may disappoint officials of the Bank of England, who advocate raising interest rates.