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 ...

The New York Stock Exchange
Billionaire Warren Buffett prodded ordinary investors on...
Strong Euro a Headache for ECB
In recent weeks, the euro has been at its highest level,...
Saudi Jan Inflation Shoots Up to 3%
Saudi Arabia’s annual consumer price inflation jumped to 3% in...
(P)GCC Facing Three Major Challenges
The (Persian) Gulf Cooperation Council—Bahrain, Kuwait, Oman,...
Oman Reports Trade Surplus
The Sultanate of Oman’s trade balance during the first ten...
Remaking Scotland a Waste-Free Economy
Funding has been announced for nine Scottish projects designed...
Philippine to See 7% GDP Growth
The Philippine economy is seen to expand by 7% this year,...
Lower Electricity Bills for Cambodia Businesses
Cambodia seeks to lower electricity fees for companies in the...