British manufacturing activity cooled in June despite a boost to output from stockpiling ahead of price hikes and supply chain problems stemming from the Middle East conflict, a closely watched industry survey showed this week.
The final version of S&P Global’s UK Manufacturing Purchasing Managers’ Index for June fell to 52.5, below a preliminary estimate of 53.1 and May’s 53.9.
Readings above 50 denote an expansion in activity.
The survey’s
