UK Final Manufacturing PMI misses estimates with 63.9 in June, GBP/USD battles 1.3800

The UK manufacturing sector activity was revised down in June, the final report from IHS Markit confirmed on Thursday. 

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised down to 63.9 in June versus 64.2 expected and 64.2 first estimate.

Key points          

Supply-chain stresses lead to record price increases.

Robust growth of output, new orders and employment continue.

more to come ...