The broad-based decline in manufacturing output in August suggests the factory sector may be on a weaker footing than we had previously thought, particularly as this does not capture the latest rise in oil prices, which will have weighed on energy-intensive production this month. But with the timelier surveys still largely positive, it would be premature to sound the alarm just yet.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
