FX.co ★ UK Manufacturing Struggles Intensify as PMI Hits 19-Month Low

The UK manufacturing sector's struggles have continued to deepen as the S&P Global Manufacturing PMI (Purchasing Managers' Index) for March 2025 dropped to 44.6, down from 46.9 in February. This marks the lowest level in 19 months, signaling a further contraction in the industry, according to the latest figures updated on March 24, 2025.

The decline reflects ongoing challenges within the sector, including supply chain disruptions, increasing costs, and waning demand both domestically and internationally. Manufacturers are grappling with tightening profit margins and a complex economic landscape that is affecting their ability to maintain production levels.

As the UK navigates these challenges, the latest PMI reading underscores the urgent need for the sector to adapt and respond to the evolving economic conditions. The continued contraction points to potential impacts on employment and investment in manufacturing, prompting calls for strategic interventions to stabilize and potentially revitalize the sector.