UK manufacturing’s growth rate continued to strengthen at the start of 2015, with the Markit/CIPS Purchasing Manager’s Index (PMI) rising to a seven-month high of 54.1 in February, up from 53.1 in January.
Affording a further boost to job creation, companies benefited from solid inflows of new business from the domestic market, which offset lower new export order volumes.
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Key points: Growth rates in output and new orders both strengthen Domestic market remains solid, but export orders decrease Input costs and output prices fall further
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