U.K. manufacturing remains contracted

Thursday, 1 December 2011 03:20

Official data showed on Thursday by Markit says that U.K. manufacturing activity fell less than expected in November, remaining contracted for a second month.
British factories suffer sharp slowdown in business.
According to the report Purchasing Managers’ Index (PMI) fell to 47.6 down from 47.8 in a previous month. The UK news came as surprise to economists, who forecasted 47.0.