India, May 1 -- UK manufacturing activity deteriorated for the seventh successive month in April amid adverse global market conditions along with inflationary pressures, final survey results from S&P Global showed on Thursday.
The final manufacturing Purchasing Managers' Index rose slightly to 45.4 in April from a 17-month low of 44.9 in March. However, any reading below 50 indicates contraction in the sector. The reading was also above the flash score of 44.
British manufacturers scaled back production in April in response to reduced intakes of new work from both domestic and overseas markets. The weaker demand was due to rising economic and trade uncertainties, including prospective US tariffs, which had drained confidence from both con...