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23 Jul 2021
UK Preliminary Manufacturing PMI drops to 60.4 in July, a big miss
- UK Manufacturing PMI misses estimates with 60.4 in July.
- Services PMI in the UK drops to 57.8 in July, a big miss.
- GBP/USD remains in daily lows below 1.3750 on downbeat UK PMIs.
The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to in July versus 62.5 expected and 63.9 – June’s final reading.
more to come ...