United Kingdom S&P Global/CIPS Manufacturing PMI registered at 48.7, below expectations (50.3) in April

United Kingdom S&P Global/CIPS Manufacturing PMI registered at 48.7, below expectations (50.3) in April
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UK Preliminary Services PMI jumps to 54.9 in April vs. 53.0 expected

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) fell sharply from 50.3 in March to 48.7 in April, missing the estimated 50.3 reading.
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