The manufacturing industry is so far sustaining its rate of growth in 2010, the Purchasing Managers’ Index suggests.
The Chartered Institute of Purchasing Supply (CIPS) which conducts the monthly research said the headline PMI in February was 56.6 – the same as January and the highest since October 1994. Any reading above 50 denotes growth. The low value of sterling – which fell even lower yesterday with the growing possibility of a hung…
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