Cautious confidence returns to UK manufacturing

Posted on 1 Feb 2013 by The Manufacturer

Today’s PMI figures show a modest upturn in UK manufacturing output in defiance of wider European doldrums

Although today’s Manufacturing Purchasing Managers’ Index data, compiled by Markit/CIPS, edged down slightly overall to 50.8 in January from 51.2 in December 2012, a subindex measuring change in output revealed a rise from 53.4 to 54.2 over the same period. In addition, the Markit/CIPS survey found that new orders for manufacturing companies rose for the…

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