Manufacturing PMI edges higher in 2015

Posted on 2 Feb 2015 by Victoria Fitzgerald

Manufacturing PMI expanded to 53.0 in January, higher than December’s revised reading of 52.7(originally published as 52.5).

Key findings: Manufacturing PMI at 53.0 in January Growth of output and new orders ticks higher Purchase prices fall at fastest pace in over five years

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The big mover during January was the trend in purchasing costs, as the recent slump in oil prices fed through to the steepest drop in input costs…

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