UK Manufacturing Grows for 1st Time Since July 2022: Analysis

According to study, the UK manufacturing market recovered in the first quarter of the year and is now experiencing growth for the first time since July 2022.
Manufacturing output grew in March, reaching the 50.3 mark in the Purchasing Managers ‘ Index ( PMI ), which measures business conditions.
Conditions for fresh orders, production, and suppliers ‘ delivery times improved during March, according to a study by S&amp, P Global UK Manufacturing, a fiscal intelligence service.
After a fall of over 19 months, this is the first time the PMI has climbed above the negative 50.
Consumer goods sector declines offset declines in the categories of middle and purchase goods. For the first time since February 2023, manufacturing output in the UK increased…

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