The UK manufacturing industry continued to grow in March but at a gentler rate than in recent months, according to the CIPS/Markit Purchasing Managers’ Index (PMI).
The headline PMI was 57.1 in March – down from above 61 in January and February. Though this latest figure represents a five month low it remains well above survey averages. Anything above 50 indicates the growth. The PMI figure takes into account output new orders, levels of stock, employment and delivery times. The biggest…
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