Deloitte's UK manufacturing leader, James Williams, comments on today’s PMI figures
The PMI Index continues to contract – remaining at a sub-50.0 level. Indications are that the recession in UK manufacturing will continue well into the summer as demand from customers remains weak globally.
British manufacturers are having to direct their attention and resources to navigating through these difficult times, rather than investing in the opportunities offered by Industry 4.0. This will be crucial to maintaining competitiveness and sustainability in the long term.
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