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Growth in UK manufacturing slows from January peak - PMI

From uk.reuters.com

LONDON (Reuters) - Britain's manufacturing sector grew in February, albeit at a slower pace than in the previous month, raising chances the sector will be a driver of growth for the overall economy in the first quarter. The Markit/CIPS Manufacturing Purchasing Managers' Index(PMI) ticked down to 51.2 from a slightly downwardly revised 52.0 in January, which was the highest level since May, data compiler Markit said on Thursday. The reading fell short of analysts' forecasts for 51.8 but was still above the 50 mark which separates growth from contraction. "This raises hopes that the sector will post an expansion over ... (full story)

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