UK manufacturing sector slumps at fastest rate in 8 yearsChristian Fernsby ▼ | April 1, 2020
UK manufacturing output and new orders have declined at the fastest rate in eight years due to the coronavirus pandemic, according to a survey of business leaders.
UK workers IHS Markit closely watched purchasing managers’s index
Topics: Manufacturing UK
The index is measured on a scale of 0 to 100, with anything above 50 signalling growth and anything below signalling contraction. It slipped into contraction from a reading of 51.7 in February. ■