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Economy

xchrom

(108,903 posts)

15. UK manufacturing grows at fastest pace for a year

Reply to Tansy_Gold (Original post)

Mon Jun 3, 2013, 08:47 AM

Jun 2013

http://www.bbc.co.uk/news/business-22752635

The UK's manufacturing sector grew at its strongest pace in over a year last month, according to a survey.

The Markit/CIPS Purchasing Managers' Index rose to 51.3 in May from 50.2 in the previous month. A figure above 50 indicates expansion.

Markit said both production and new orders had picked up, with the domestic market driving demand for new business.

The survey also indicated that the manufacturing sector created jobs for the first time in four months.

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