UK PMI Manufacturing Climbs to 52.8 as Output Accelerates and Inflation Pressures Build

UK manufacturing activity strengthened in October, with S&P Global PMI Manufacturing rising from 51.9 to 52.8, matching the flash estimate and reaching a five-month high. Manufacturing production expanded for a seventh consecutive month, at its fastest pace in 25 months, supported by improving demand across consumer, intermediate and investment goods industries. New orders increased at […] The post UK PMI Manufacturing Climbs to 52.8 as Output Accelerates and Inflation Pressures Build appeared first on ActionForex.