<p>UK manufacturing PMI shows falling output, weak foreign demand</p><p>Actual 48.4 (Forecast 48.5, Previous 48.5)</p><p>British manufacturing output fell for a third month in a row in September and orders declined for a fourth consecutive month, hurt by falling foreign demand, according to a closely watched survey released on Monday.</p><p>“September saw new export business contract at the quickest pace since May 2020, with reports of lower demand from the U.S., the EU and China,“ S&P Global said.</p><p><a target=“_blank“ href=“https://twitter.com/PriapusIQ/status/1576852351746334720?s=20&t=udQlXFb-fOtLNnuEiT6SvQ“ target=“_blank“ rel=“nofollow“>Full Reuters Note</a></p>

This article was written by Ryan Paisey at forexlive.com.