Author (Person) | Maxwell, Fiona |
---|---|
Series Title | Politico |
Series Details | 22.07.16 |
Publication Date | 22/07/2016 |
Content Type | News |
The IHS Markit's Purchasing Managers' Index published on the 22 July 2016 suggested that there was already a negative impact on the United Kingdom economy from the decision in the EU Referendum on the 23 June 2016 to leave the EU. Both manufacturing and service sectors saw a decline in output and orders, although exports were lifted by the weakening of the pound. 'July saw a dramatic deterioration in the economy, with business activity slumping at the fastest rate since the height of the global financial crisis in early-2009', said Chris Williamson, chief economist at Markit. |
|
Source Link | http://www.politico.eu/article/brexit-hits-real-british-economy-pmi-eu/ |
Related Links |
|
Countries / Regions | United Kingdom |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)