UK manufacturers report growth in production for March

Posted on 3 Apr 2018 by Jonny Williamson
The PMI inched up to 55.1 in March from a downwardly revised 55.0 in February - image courtesy of Depositphotos.

The UK manufacturing sector maintained a steady pace of expansion during March, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI).

The PMI inched up to 55.1 in March from a downwardly revised 55.0 in February – image courtesy of Depositphotos. Output growth for UK manufacturers reportedly picked up, although this was offset by slower increases in both new orders and employment, according to the new PMI. On the price front, rates…

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