Increased exports have led manufacturing to its fastest growth in over 15 years, according to the latest CIPS/Markit Purchasing Managers’ Index (PMI).
The PMI surveys manufacturers on a number of conditions including orders, costs and inventory and produces a single figure indicator of how the industry is currently performing. Where any number above 50 entails growth and any number below 50 means a retraction, the PMI was registered at 58 for April, up from 57.3 in March.…
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