PMI manufacturing statistics – Barclays comment

03 Sep 2012 10:06 GMT

Mark Lee, Head of Manufacturing at Barclays comments on today's PMI manufacturing figures:

“Against all expectations the sector performed well in August, providing a boost to sentiment as we leave a challenging summer.

‪“However, the eurozone crisis continues to cast a shadow over the industry, and until our key European export destinations stabilise, UK manufacturers will find growth hard to come by.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.