Pan Sen Macro: British manufacturing activity is stabilizing.

Elliott Jordan-Dawes, a macroeconomics analyst at Pan Sen, stated that manufacturing activity in the UK rebounded in November, showing signs of stabilization. Data indicates that business confidence in the industry is improving and domestic demand is also picking up, thanks to the rate cuts by the Bank of England. However, Jordan-Dawes pointed out that overall activity is still relatively weak: insufficient external demand remains a problem, and there is limited room for further interest rate cuts. The economist predicts that manufacturing activity will continue to grow in the coming months, but at a very slow pace.