Manufacturing activity falls again

29 August 2012
The UK manufacturing sector contracted for the second consecutive month in May, according to the latest purchasing managers' index (PMI) report.

The overall PMI - a composite indicator of sector conditions from CIPS and NTC Research in which 50 indicates no change on the previous month - fell to 47.3, from 49.1 in April.

All the constituents of the PMI - new orders, output, employment, delivery times and stocks of purchases - had indices under 50, and only employment and delivery times increased on April...

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Forgotten password?

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at [email protected] for more information or call +44 (0) 208 950 9117.

Related Content

Top