The growth rate of the UK manufacturing sector continued to strengthen at the start of 2015, leading to further job creation. Companies benefited from solid inflows of new business from the domestic market, which offset lower new export order volumes. Price pressures remained on the downside, however, with both average input costs and selling prices falling during the latest survey month. The seasonally adjusted Markit/CIPS Purchasing Manager’s Index® (PMI®) rose to a seven-month high of 54.1 in February, up from 53.1 in January. By posting above 50.0, the PMI extended its run above the critical mark that separates ... (full story)