UK S&P Global Manufacturing PMI Final (Jun) 52.5 vs. Exp. 53.1 (Prev. 53.9)

“The UK manufacturing sector ended the second quarter of the year on a positive note, with output expanding at the fastest pace since September 2024".  "Manufacturers' optimism about the year ahead also remains tepid, with many concerned about geopolitical tensions and uncertain over the future course of government policy". "Although input cost inflation remained elevated as severely strained supply chains led to raw material shortages and higher vendor charges, the recent drop in energy prices has helped reduce the overall rate of inflation, leading to a similarly welcome slowing in the rate of increase of factory selling prices".