According to analysts at Royal Bank of Scotland, UK manufacturers ramped up their preparations for Brexit with stockpiles rising at the fastest rate in the manufacturing PMI’s 27yr history, on mounting fears over potential supply-chain disruptions.
Key Quotes
“Output growth, current and future expectations, eased to 30 month lows. New orders slowed significantly with export orders almost flat. With ongoing Brexit uncertainty and a European slowdown, manufacturers are clearly preparing for a challenging year.”
Share
