UK manufacturing output at highest level since June 2014



Output in Britain's manufacturing sector reached its highest level for more than two years as the industry continued to bounce back from a post-Brexit vote slump.
The closely watched Markit/CIPS UK Manufacturing purchasing managers' index (PMI) said output hit 55.4 last month, up from 53.4 in August, and above economist expectations of 52.1.
A reading above 50 indicates growth.
The move means output hit its highest level since June 2014 in September and shows a marked improvement since it dropped to 48.3 in July, the first month after Britain voted to leave the European Union.
Rob Dobson,... read more

 
3 October 2016 in Yorkshire & Humber, Views: 19
Source: Batley News
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