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    UK Factory Production Hits 21-Month High

    3 weeks ago

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    UK factory production has reached a 21-month high as companies stockpile in anticipation of price rises and supply chain disruptions due to the Iran war. However, overall growth in the manufacturing sector slowed in June, with the S&P Global UK manufacturing PMI reading at 52.5, down from 53.9 in May. Manufacturers face challenges from rising energy prices and geopolitical tensions.
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