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Manufacturing News – Early May 2025
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Manufacturing News – Early May 2025
The UK manufacturing sector’s downturn continued in April, with output, new orders and employment all decreasing last month. Meanwhile, input cost inflation hit a 28-month high, further exacerbating the newly effective minimum wage and National Insurance hikes. Despite the seasonally adjusted S&P Global UK Manufacturing Purchasing Managers’ Index (PMI) rising slightly to 45.4 in April, up from 44.9 in March, the sector remains below the neutral…
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