Economic and industrial data has started the second quarter on slightly weaker grounds than Q1 as Manufacturing PMI in the UK, Eurozone and US all reported April indexes below March levels. Cracks seem to be appearing as recent drops in new orders and rising input costs are quickly dampening confidence. Inflation did, however, fall MoM across the board with the exception of the US, where volatile energy prices caused a modest MoM increase in the inflation rate.
09 May 2024
Zeus Industrials Round-Up - 9 May 2024
Avon Protection PLC (AVON:LON), 1,309 | Ricardo plc (RCDO:LON), 508 | Strix Group PLC (KETL:LON), 86.8 | Trifast plc (TRI:LON), 70.9 | Symphony Environmental Technologies plc (SYM:LON), 2.9 | AB Dynamics plc (ABDP:LON), 2,020 | Tan Delta Systems PLC (TAND:LON), 13.2
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Zeus Industrials Round-Up - 9 May 2024
Avon Protection PLC (AVON:LON), 1,309 | Ricardo plc (RCDO:LON), 508 | Strix Group PLC (KETL:LON), 86.8 | Trifast plc (TRI:LON), 70.9 | Symphony Environmental Technologies plc (SYM:LON), 2.9 | AB Dynamics plc (ABDP:LON), 2,020 | Tan Delta Systems PLC (TAND:LON), 13.2
- Published:
09 May 2024 -
Author:
Andy Hanson | Robin Byde | Carl Smith, CFA -
Pages:
13
Economic and industrial data has started the second quarter on slightly weaker grounds than Q1 as Manufacturing PMI in the UK, Eurozone and US all reported April indexes below March levels. Cracks seem to be appearing as recent drops in new orders and rising input costs are quickly dampening confidence. Inflation did, however, fall MoM across the board with the exception of the US, where volatile energy prices caused a modest MoM increase in the inflation rate.