Mumbai, Oct. 1 -- The operating environment faced by UK manufacturers remained challenging in September, as a quiet domestic market and lower intakes of new export business stymied production volumes and total new order intakes.
The seasonally adjusted S&P Global UK Manufacturing Purchasing Managers' Index (PMI) fell to a five-month low of 46.2 in September, down from 47.0 in August, to remain below the neutral 50.0 mark for the twelfth consecutive month.
Manufacturing production fell for the eleventh successive month in September, with the rate of contraction the fastest since March.
New order intakes subsequently fell for the twelfth month in a row, and to one of the greatest extents during the past two years.
September saw a further ...