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01 Apr
15:33

UK manufacturing performance dips in first quarter

The opening quarter of 2016 saw the UK manufacturing sector register one of its weakest performances during the past three years, according to the Chartered Institute of Purchasing and Supply/Markit survey monitored by Kallanish. The seasonally adjusted Markit/CIPS Purchasing Managers’ Index (PMI) posted 51.0 in March, only a couple of ticks higher than February’s 34-month low of 50.8. This left the quarterly average at a relatively subdued level of …
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