UK manufacturing experienced a modest improvement in the rate of growth in January, according to the latest Markit/CIPS Purchasing Manager’s Index (PMI).
January saw the PMI rising to a three-month high of 52.9, following on from December’s slightly lower score of 52.1. The latest results mean that the PMI has remained above the neutral 50.0 mark – with any figure over 50 indicating growth – for 34 consecutive months. Manufacturing production increased during January, which reportedly reflects…
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