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02 Mar
20:46

UK manufacturing activity recovers in February

The UK Manufacturing Purchasing Managers’ Index (PMI) rose above the 50-point neutral mark in February according to the latest survey by IHS Markit and the Chartered Institute of Purchasing and Supply (CIPS). Output rose at the fastest pace since April 2019 and vendor lead times lengthened as coronavirus supply-chain disruption rose, the survey results monitored by Kallanish revealed. The seasonally-adjusted IHS Markit/CIPS PMI rose to 51.7 in February, up f…
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