• UK manufacturing rebounds

    August saw solid rebounds in UK manufacturing output and incoming new orders, according to the Markit/ CIPS Purchasing Managers’ Index (PMI). Companies reported "solid inflows" of new work from both domestic and export customers, the latter aided by the sterling exchange rate. As a result, the PMI recovered sharply from the 41-month low of 48.3 posted in July, following the EU referendum, to 53.3 in August. Improved sales volumes to markets such as the USA, Europe, China, South-East ...

    Posted at September 1, 2016 | By : | Categories : News | Comments Off on UK manufacturing rebounds