UK Manufacturing PMI Hits 17-Month High
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The S&P Global UK Manufacturing PMI increased to 51.6 in January 2026, surpassing December's 50.6 and market expectations. This marks the highest improvement in manufacturing conditions since August 2024, fueled by a significant rise in production and the first increase in new export orders in four years. Despite a decline in employment, business confidence has strengthened due to planned investments and improving economic conditions, although input costs and factory charges continue to rise.
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