UK May Manufacturing PMI 40.7... Up 8.1P from Previous Month

[Asia Economy Reporter Minwoo Lee] On the 1st, according to Bloomberg, financial information provider IHS Markit announced that the UK's Manufacturing Purchasing Managers' Index (PMI) for May was 40.7. This is slightly lower than the surveyed figure of 40.8 but increased by 8.1 points from last month's 32.6. However, it remains below the level of 47.8 recorded in March, before the full-scale spread of the novel coronavirus (COVID-19).