UK manufacturing growth stays strong at end of year
by Richard Partington from on (#3C6DZ)
Sector has best three months for growth since 2014 despite slight slip in Markit/Cips PMI figure for December
Britain's manufacturers finished the year on a positive footing, with the strongest three months for growth since 2014 amid resurgent eurozone growth lifting demand for goods.
The Markit/Cips UK manufacturing PMI barometer of factory sentiment showed an average of 57 in the three months to December, in the strongest reading since the three months to June 2014. While the gauge dipped to 56.3 last month from 58.2 in November, it remained firmly above the 50 level indicating expansion.
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