Overseas demand dropped during every month of 2012 as conditions within the eurozone, the UK’s main export partner, tumbled.
The sector contracted during the final three months of the year following temporary growth of 0.7% in the third quarter, which took the UK out of recession on paper, according to the Purchasing Manager’s Index measuring output and orders on a monthly basis. However, with just one quarter of growth during 2012 and weary that…
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