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UK manufacturing growth slows in August, S&P Global survey shows

S&P Global’s final survey showed the UK manufacturing PMI rose to 51.7 in August from 51.9, the weakest pace in five months. Growth in both output and new orders lost momentum.

SPGI

LONDON (dpa-AFX) - The UK manufacturing activity expanded at the weakest pace in five months in August as rates of growth in both output and new orders lost momentum, final survey data from S&P Global showed Tuesday.The manufacturing purchasing managers' index dropped to 51.7 in August from 51.9 in…