Manufacturing growth overtakes services in May – Lloyds report

Manufacturing growth overtakes services in May – Lloyds report

• 11 out of 14 sectors reported output growth in May, despite overall rate of output growth easing • Demand grew in nine sectors – the most since February 2023 • Manufacturing output growth overtakes services for the first time in more than two years, as activity and demand growth spreads across goods producers More …

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