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UK manufacturing PMI report highlights:.....>

UK DATA
UK DATA: UK manufacturing PMI report highlights:
-Both new orders & employment dropped for the first time in over 2 years (since
the month immediately following the Brexit referendum)
-Companies linked the decline in manufacturing new orders to lower inflows of
new work from overseas and softer growth of domestic demand.
-Supply-side constraints led to higher purchasing costs.
-Input price inflation eased to a 28-month low, but remained 'marked'. Companies
linked the latest increase to the higher costs of aluminium, energy, oil, steel
and timber, rising import duties, exchange rate fluctuations, market volatility
and Brexit uncertainty.

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