Pantheon Macroeconomics - The fall in the Markit/CIPS manufacturing PMI to 47.4 in August--its lowest level since July 2012--from 48.0 in July suggests that pre-Brexit stockpiling isn't countering the hit to demand from Brexit uncertainty and the global industrial slowdown.

U.K. | 3 Sept 2019 Don't Rely on the Manufacturing PMI for an Accurate Read in Q3
The fall in the Markit/CIPS manufacturing PMI to 47.4 in August--its lowest level since July 2012--from 48.0 in July suggests that pre-Brexit stockpiling isn't countering the hit to demand from Brexit uncertainty and the global industrial slowdown.

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3 Sept 2019 Don't Rely on the Manufacturing PMI for an Accurate Read in Q3

By Samuel Tombs

The fall in the Markit/CIPS manufacturing PMI to 47.4 in August--its lowest level since July 2012--from 48.0 in July suggests that pre-Brexit stockpiling isn't countering the hit to demand from Brexit uncertainty and the global industrial slowdown.

Posted: 3rd Sep 2019 in 'U.K.'

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