UK manufacturing slows sharply, while US improves at a faster pace

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UK:  

Conditions in the UK’s manufacturing sector slowed sharply in October due to new order inflows decreasing for the first time since July 2016.  Companies linked this to lower inflows of new work from overseas and softer expansion of domestic demand. 

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The IHS Markit/CIPS Purchasing Manager’s Index (PMI) fell to a 27-month low throughout October to 51.1, down from September’s revived reading of 53.6. The data collection was . . .

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