- UK: Manufacturing PMI likely to decline to 53.5 in April - TDS
Market news
1 May 2019
UK: Manufacturing PMI likely to decline to 53.5 in April - TDS
Analysts at TD Securities point out that for the UK economy, April's Manufacturing PMI is released, and they expect that some of the robust activity that led up to the original 29 March Brexit deadline will unwind.
“We look for a decline in the index to 53.5 (mkt: 53.1), leaving it still higher than its Jan/Feb levels. Uncertainty around where the index lands post-29 March remains heightened.”
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