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01 May
01:00

UK manufacturing sector trips up in April

The latest Markit/UK Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish indicates that UK manufacturing sector output growth slowed in April.  Manufacturing for the UK consumer sector remains strong but contraction was seen in the intermediate goods sector and also in the investment goods segment. The seasonally adjusted Markit/CIPS Purchasing Manager’s Index (PMI ) posted 51.9 in April, a seven-month low and below t…
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