UK Final Manufacturing PMI arrives at 32.6 in April vs. 32.8 exp, Cable unfazed

The UK manufacturing sector activity contracted more-than-expected in the month of April, the final report from IHS Markit showed this Friday. 

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised down to 32.6 in April versus 32.8 expected and 32.9 – April’s first reading.