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01 May
20:11

UK manufacturing activity slips back in April

The UK manufacturing purchasing managers’ index (PMI) slipped in April, Kallanish learns from the monthly survey by IHS Markit and the Chartered Institute of Purchasing and Supply. Average purchase costs rose and pre-Brexit stock-building continued at solid, yet slower, pace, the survey revealed. The headline seasonally adjusted IHS Markit/CIPS PMI fell to 53.1 in April, down from March's 13-month high of 55.1. Alongside weaker growth in production, ne…
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