Martin Flanagan: Economy hasn’t fallen off a Brexit cliff



As Theresa May seems to be going for the no messing option on Brexit, with the starting gun on Article 50 being fired definitively next spring, the latest UK manufacturing figures are more evidence to suggest we should chill out.
Output last month hit its highest level in more than two years, according to the latest Markit/Cips manufacturing purchasing managers’ index (PMI).
Post-Brexit blues, what post-Brexit blues? The PMI shows output activity reached 55.4 in September. That was up from 53.4 in August, and ahead of cautious City economists’ expectations of 52.1. Any figure above 50... read more

 
4 October 2016 in Business, Views: 52
Source: Scotsman
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