Purchasing activity within UK manufacturing has experienced a “solid rebound” from the downward trends of late, with an influx of production and new orders, according to the latest Markit/CIPS Purchasing Manager’s Index (PMI).
UK manufacturing scored 53.3 on the Markit/CIPS PMI, a 5-point increase on July’s 48.3 – image courtesy of DFC. Following July’s 41-month low of 48.3, a PMI score of 53.3 for August would indicate that UK manufacturing was on the road to recovery – with the 5-point month-on-month increase the joint-greatest…
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