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06 Jan
00:00

UK manufacturing growth slows at year-end: CIPS

Although still in expansion mode, UK manufacturing sector growth slowed in December, according to the Chartered Institute of Purchasing and Supply’s (CIPS) latest survey monitored by Kallanish. The CIPS/Markit manufacturing purchasing managers index (PMI) dipped to a three month low of 52.5 in December from November’s 53.3, CIPS says. The average PMI for the fourth quarter of 53 was “…the weakest growth outcome in a year and a half&r…
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