April saw UK manufacturing maintain its strong start to 2014 according to CIPS' Purchasing Manager's Index report. The seasonally adjusted PMI soared to a five-month high at 57.3, registering one of its best readings in three years.
The survey also revealed the rate of expansion remains robust, hitting an eight-month high, and growth across the consumer, intermediate and investment goods sectors, with firms responding to rising order inflows, new product launches and efforts to clear work backlogs. The sector’s performance has resulted in further job creation, with employment increasing for a twelfth…
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