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02 May
16:45

UK manufacturing PMI rises to three-year high

The UK manufacturing PMI recovered in April to hit a three-year high, according to the Markit/Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish. Output and new orders from the sector expanded at faster rates while stocks of purchases rose at a survey record pace. The start of the second quarter saw a solid improvement in the performance of the UK manufacturing sector. Rates of expansion in output, total new orders and new export w…
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