Manufacturing PMI improves expectations and reaches highs since 1994

8

Get real time updates directly on you device, subscribe now.

The UK Markit Manufacturing PMI Index rose to 60.9 in April, notably improving from 58.9 in March and exceeding the 60.7 forecast by the market.

The indicator rises for the third consecutive month and reaches its best level since July 1994, when it reached a record high of 61 points.

According to IHS Markit, if strengthens production and new order growth. In addition, producer prices are increasing at a record rate.

.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.