PMI shows that manufacturing confidence had a happy end to 2010, as December output climbed to its highest level since 1994.
The Chartered Institute for Purchasing and Supplies and Markit’s UK manufacturing PMI rose to a seasonally adjusted 58.3 in December, a 16-year high. In November 2010 it rose to 57.5, revised down from an initial score of 58.0. The high PMI was driven by exports with new orders rising at the highest rate since records…
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