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UK manufacturing activity cools despite stockpiling boost to output, PMI shows

Summary
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 on Wednesday. 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.

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The UK industry continued to expand in June 2026, although with signs of loss of breath at the end of the second quarter, according to the report of S&P Global and Hamburg Commercial Bank (HCOB). The Industrial Purchasing Managers Index (PMI) declined from 53.9 in May to 52.5 in June, remaining above the 50 mark — which indicates expansion — but recording a slowdown after reaching the highest level in four years in the previous month. Despite th…

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Reuters broke the news in New York, United States on Wednesday, July 1, 2026.
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