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01 May
13:33

UK manufacturing grows but at slower rate

The UK manufacturing sector made a slow start to the second quarter of 2018, according to the latest IHS Markit/Chartered Institute of Purchasing (CIPS) survey monitored by Kallanish. Output continued to grow but at a slower rate, as did new orders and employment. Inflationary pressures eased somewhat however, the survey results showed. The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) posted 53.9 in April, down from 54.9 in Mar…
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