UK manufacturing PMI sinks to six-year low in June, a survey shows, adding to signs of economic weakness. Read more:
LONDON - Britain’s economy has lost momentum and might have shrunk in the second quarter of 2019, according to data that showed the double impact of Brexit and the slowdown in the global economy.
The overall PMI slumped to 48.0 in June from May’s 49.4, well below the average forecast in a Reuters poll of economists and its lowest reading since February 2013.Allan Monks, an economist at JP Morgan, said the weak PMI survey challenged his view that manufacturing growth would rebound at the start of the third quarter.
Economists said they were waiting for Wednesday’s PMI of Britain’s dominant services industry to gauge the extent of the slowdown in the overall economy.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
PM contender Hunt sets out plans to prepare Britain for no-deal BrexitA Jeremy Hunt government would set aside a 6 billion pound ($7.6 billion) war ch...
Consulte Mais informação »
UK Brexit negotiator Robbins to leave role - The Sunday TimesBritain's lead Brexit negotiator Olly Robbins will leave his role in govern...
Consulte Mais informação »
UK Brexit negotiator Robbins to leave role: The Sunday TimesBritain's lead Brexit negotiator Olly Robbins will leave his role in govern...
Consulte Mais informação »
Why Meghan Markle Is Done ‘Playing by the Rules’ After UK Press’ Treatment'The press is so vicious to her there...'
Consulte Mais informação »
Jaguar Land Rover to build electric cars at UK factory - reportBritain's biggest automaker Jaguar Land Rover is expected to announce plans...
Consulte Mais informação »