Pre-Brexit stockpiling subsided in May , having boosted economic growth in July 2016 . A separate survey from the ‘Make UK’ manufacturing organisation published on earlier Monday also suggested EU customers are turning their backs on Britain. The Britain 's manufacturing industry saw its sharpest downturn since July 2016 as orders fell. Economists had predicted the IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index ( the IHS Markit/CIPS UK Manufacturing Purchasing Managers’ ) would fall from 53.1 in April to 52.0 . In fact, it fell to 52.0 , auguring ill for 52.0 economic growth figures. Exports fell sharply, amid global tensions and as European companies try to protect their supply chains from the impact of further Brexit uncertainty.
Pre-Brexit stockpiling subsided in May , having boosted economic growth in July 2016 . The Britain 's manufacturing industry saw its sharpest downturn since July 2016 as orders fell. Economists had predicted the IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index ( the IHS Markit/CIPS UK Manufacturing Purchasing Managers’ ) would fall from 53.1 in April to 52.0 . In fact, it fell to 52.0 , auguring ill for 52.0 economic growth figures. Exports fell sharply, amid global tensions and as European companies try to protect their supply chains from the impact of further Brexit uncertainty.