The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Thursday, May 1, 2014

U.K. manufacturing PMI rose to 57.3 in April

From 55.8 in March and comfortably topped consensus of 55.4. However, there was another sharp slowdown in the growth of new orders for investment goods, which is a blow to the hopes of re-balancing the economy away from its reliance on consumers. Still, the pound took a leap after the data was released and was +0.2% at $1.6909 at the time of writing.

No comments:

Post a Comment