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Markit/CIPS UK Manufacturing PMI
The strong upswing in the UK manufacturing sector was maintained during February, as levels of production and new business continued to rise at robust and above-trend rates. The solid performance of the sector again filtered through to the labour market, with jobs added at the fastest pace since May 2011. At 56.9 in February, from a revised reading of 56.6 in January, the seasonally adjusted Markit/CIPS Purchasing Manager’s Index® (PMI®) ticked higher and signalled improved operating conditions for the eleventh straight month. The strengthening domestic market remained the primary driver of the manufacturing ... (full story)
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