• UK manufacturing boosted by near survey-record growth of new export orders

    The rate of improvement in UK manufacturing operating conditions accelerated for the first time in three months at the start of the third quarter. This was highlighted by the seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI® ) rising to 55.1 in July, up from 54.2 in June. The headline PMI was boosted by stronger inflows of new work, higher levels of production, improved job creation, longer supplier delivery times and a slight increase in inventory holdings. The rate of expansion in new orders accelerated during July. However, the improvement in the pace of increase was still among the slowest ... (full story) in
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