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UK manufacturing PMI eases as orders weaken and cost pressures persist (FXB:NYSEARCA)

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RistoArnaudov

  • UK Manufacturing PMI softened to 52.5 in June, down from May’s 4-year high of 53.9 and below flash estimate 53.1, but still signals expansion.
  • Business sentiment is cautious: confidence is subdued overall, despite 48% of firms expecting growth from AI and new technologies, offset
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