UK manufacturing output reaches two-year high

Posted on 3 Oct 2016 by Jonny Williamson

UK manufacturing has continued its recent surge, with growth across output, new orders and employment, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI).

With a PMI score of 55.4 for September, UK manufacturing has reached a level last seen two years ago in June 2014. According to Markit/CIPS, the domestic market remained a prime driver of new business wins, coupled by the reduced sterling exchange rate driving up new orders from abroad.

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