UK manufacturing PMI shows impressive rise

Posted on 1 Mar 2012 by Tim Brown
The Markit/CIPS Purchasing Managers’ Index for the manufacturing sector registered an eight-month high in January. The figure posted at 52.1 rose from November’s below 50-mark of 49.7. Output growth also rose quickly as input costs fell and inflation slowed. David Noble, CIPS CEO said: “The UK manufacturing sector has sprung to life in the first month of…

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