spot_img
Saturday, March 2, 2024
More
    spot_img
    HomeBlogUK factory output lower than expected after fall in domestic and export...

    UK factory output lower than expected after fall in domestic and export orders

    -

    Higher borrowing costs and slump in demand contribute to 17th consecutive month of contraction

    Britain’s factories started the year on a weaker footing after 17 consecutive months of contraction, as higher borrowing costs and a slump in demand took their toll.

    Factory output fell by more than expected in December after a drop in orders from domestic and export clients, according to the latest snapshot from S&P Global and the Chartered Institute of Procurement and Supply.

    Continue reading…

    ​Business | The Guardian

    Related articles

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Stay Connected

    0FansLike
    0FollowersFollow
    0FollowersFollow
    0SubscribersSubscribe
    spot_img

    Latest posts