403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Pound increases costs, UK Production holds back
(MENAFN) As a result of the increased prices of supplies used in production process, the PMI of UK manufacturing dropped to 55.9 in September.
Companies' reports showed that the command is still stable in national and international markets, despite of the decrease of benefits in new orders, compared to the last month.
According to official data, the economy of the country grew slower than expected, ranking UK down on the G7 growth table.
And for the first time in 10 years, the Bank of England seems to be ready to increase the cost of borrowing.
Companies' reports showed that the command is still stable in national and international markets, despite of the decrease of benefits in new orders, compared to the last month.
According to official data, the economy of the country grew slower than expected, ranking UK down on the G7 growth table.
And for the first time in 10 years, the Bank of England seems to be ready to increase the cost of borrowing.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Market Research
More Story
Comments
No comment