UK manufacturing bounces back in May but masks underlying weakness
by Press Association from on (#3RECZ)
PMI shows weakest increase in new orders since June 2017 and largest rise in unsold stock
Output in Britain's manufacturing sector nudged up in May but the growth acceleration is masking "underlying weaknesses" that could persist.
The Markit/CIPS UK manufacturing purchasing managers' index (PMI) showed a reading of 54.4 last month, higher than the 53.9 for April.
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