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UK Manufacturing loses steam in April as euro zone slowdown weighs - PMI

From uk.reuters.com

British manufacturing eked out growth in April as an economic slowdown in the euro zone curbed demand for goods made in Britain, a survey showed on Tuesday, raising the risk of a longer recession. The unexpectedly sharp slowdown will also fuel a debate over the chances of further monetary stimulus from the Bank of England (BoE), after central bankers hinted that they might not extend their asset purchases later this month given a raft of stronger economic data and sticky inflation. The Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) dropped to 50.5 in April from a downwardly revised 51.9 in March, keeping ... (full story)

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