24197
Scottish Manufacturing Picks Up
World Economy

Scottish Manufacturing Picks Up

Scottish manufacturing output grew in July after three consecutive months of decline. The economy as a whole also registered growth, albeit modest, MarketWatch reported. The Bank of Scotland’s Purchasing Managers’ Index, which is based on survey data from about 600 companies, rose from 51.2 in June to 52.2 in July (a figure above 50 indicates growth)—the highest figure since December. However, a spokesman said that the improvement was still poor in comparison to the overall UK performance—56.6. Bank of Scotland chief economist Donald MacRae said: “New orders rose in all sectors, while the pace of decline in new export orders slowed”.

Short URL : https://goo.gl/1nEXoY
  1. https://goo.gl/JodZkq
  • https://goo.gl/aULnNd
  • https://goo.gl/cYK3Z9
  • https://goo.gl/q8VFwI
  • https://goo.gl/nL3CRJ

You can also read ...

Saudi Arabia Facing Uphill Battles
Saudi Crown Prince Mohammed bin Salman’s Vision 2030 scheme...
The popular Tesla Model S is due to sell by the end of this month in China, at which point the price will go up about $20,900.
More than a week has passed since the US and China fired the...
Switzerland has the smallest ratio with 7.2% of GDP.
The shadow economy in Jordan accounted for 17.38% of the GDP...
The bankruptcy of investment bank Lehman Brothers on September...
German Cabinet Warned of Economic Risks
The chief of Germany’s central bank, Jens Weidmann, warned the...
The Bank of Italy revised its growth estimates down to 1.3% for 2018, and to 1% for 2019.
Italy's already weak growth forecasts were revised downwards...
Airbus, AirAsia Discussing $23 Billion Deal
The Malaysian airline, already the second-biggest customer for...
Pakistan Raises Key Interest Rate
Pakistan’s central bank on Saturday raised interest rates by...

Trending

Googleplus