• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

UK Manufacturing Slips as New Order Growth Decelerates

February 1, 2022 by Forex Winner Leave a Comment

UK Manufacturing Slips as New Order Growth Decelerates

Source: IHS Markit

UK manufacturing expanded for the twentieth straight month in January, albeit at a slower pace as new orders declined. EWU is up 0.44%.

  • The IHS Markit/CIPS Purchasing Managers’ Index stood at 57.3 in January, lower than the 57.9 recorded in December.
  • The decline reflects the deceleration in new order growth and the slower growth in vendor lead times during the month.
  • Production volumes also grew for the twentieth successive month, with the rate of expansion up to the highest level in six months since July 2021.
  • Employment increased for the thirteenth straight month, as firms reported new project launches and higher demand and preparations for future growth.
  • Input price inflation remained at historical highs, but growth fell to a nine-month low. The easing of the strain on global supplies drove cost increases down.
  • Purchase stocks recorded the fastest growth in survey history, as firms reported pre-purchasing inputs to avoid price increases.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

city index

City Index Review

September 12, 2019 By Forex Winner

GMO trading

GMO Trading Review

May 22, 2019 By Forex Winner

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure