UK manufacturing rises above expectations for February

Posted on 3 Mar 2014 by The Manufacturer

The UK’s manufacturing output grew faster than expected for the month of February, with sector employment expanding as its fastest for three years.

The Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) showed an increase from January’s 56.6 to 56.9, higher than the predicted 56.5, marking the eleventh consecutive month that UK manufacturing has expanded. Job creation was at its highest since May 2011, helped along by an improvement in production and new orders.

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