Surprise manufacturing surge is probably more blip than boom
by Larry Elliott Economics editor from on (#SAZT)
The latest PMI data for UK manufacturing shows one of the strongest monthly increases in a quarter of a century, but it's too early to suggest a revival
Manufacturing is bouncing back. Factory order books are bulging, output is up and the squeeze on exports from a strong pound and a weak global economy is coming to an end.
Related: Manufacturing output rebounds with fastest growth for 16 months
Related: UK factory growth hits 16-month high, but China shrinks again - business live
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