UK manufacturing continues to expand

Posted on 5 Apr 2017 by Jonny Williamson

UK manufacturing performance remained solid as the first quarter of 2017 drew to a close, bolstered by a further boost from exports, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI).

Though a slight dip on February’s 54.5 score, March saw UK manufacturing remain above the neutral mark of 50.0 for the eighth successive month. Despite a contraction in output and new orders, March remained well above the long-run average of 51.6 for UK manufacturing with an overall PMI score of 54.2.…

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