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04 Feb
00:00

UK manufacturing sees January upturn while steel suffers 2014 stutter

The UK manufacturing sector in January appears to have halted the falls in growth and output seen in the second half of 2014. The Chartered Institute of Purchasing and Supply (CIPS) says that its CIPS/Markit purchasing manager’s index (PMI) rose in the opening month of 2015 as input costs dropped on the back of a lower oil price. The seasonally adjusted PMI rose to 53.0 in January, a shade higher than December’s revised reading of 52.7, CIPS says…
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