EEF Comment on the January PMI data | EEF

EEF Comment on the January PMI data

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Commenting on the January PMI data Francesco Arcangeli, Economist at EEF, the manufacturers’ organisation said:

 

“While the headline figure might suggest Industry has out its foot on the accelerator at the start of the year, the detail confirms that the rush to stockpile goods ahead of Brexit and the potential disruption from a no-deal scenario is now in full swing. The absence of any New Year joy from the European PMI data also confirms that the near future holds a bumpy ride for UK manufacturers.”

 

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