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Manufacturing operations in UK grow at fastest pace in four years
S&P Global's manufacturing Purchasing Managers' Index (PMI) edged up to 53.9 in May from 53.7 in April. A reading above 50 indicates expansion. The increase was driven largely by companies bringing forward orders to avoid expected price increases and delivery delays, suggesting the improvement may prove temporary.
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supplychaindive.com
US manufacturing expands to highest level since May 2022: PMI
“Companies are still holding back because of uncertainty, but they’re holding back less," Susan Spence, chair of ISM’s Manufacturing Business Survey Committee, said during a media…
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channelnewsasia.com
Japan's factory growth slows as cost pressures surge, PMI shows
TOKYO, June 1 : Japan's manufacturing sector expanded in May at a slightly slower pace, as record export order growth was offset by surging costs driven by the Middle East war and…
