UK Manufacturing Hit Hard by Iran War
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Britains manufacturing sector faces its worst crisis in decades as input prices skyrocket, delivery times lengthen, and production plummets due to the Iran wars impact on global supply chains. Nearly half of companies report higher purchase prices, with only 2% seeing a drop. The PMI reading dips to 51, barely above contraction territory, as the Middle East conflict continues to disrupt the economy.
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