The UK manufacturing sector crept back above the neutral growth mark of 50.0 in May, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI).
Though with a PMI score of 50.1, UK manufacturing has continued its “generally lacklustre” start to the year. The previous PMI (April), saw the score dip below the critical no-change gauge of 50.0 for the first time in more than three years. The score of 49.2 was chalked up to a decline across both production and new orders.…
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