British manufacturing growth slowed down during the month of December, but the sector looks set to achieve more than one percent growth for the fourth quarter.
The Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) fell to 57.3 last month from the previous month’s three-year high of 58.1. This fell below the 58.0 forecast by analysts but still comfortably above the expansion mark of 50 while signalling a ninth consecutive month of industry growth. The latest survey also revealed the sub-index for new orders…
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