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03 Jun
01:00

UK manufacturing expands for the 26th consecutive month in May

The latest Markit/UK Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish indicates that UK manufacturing sector output growth upticked slightly in May.  A solid domestic market continued to offset lacklustre demand from overseas, Markit says. The seasonally adjusted Markit/CIPS Purchasing Manager’s Index (PMI ) posted 52.0 in May, just above the revised April reading of 51.8 (originally 51.9), Markit says. The PMI has…
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