The UK’s manufacturing sector mildly improved in its performance throughout September. At 53.8, the IHS Markit/CIPS Purchasing Manager’s Index (PMI)has remained above the neutral 50.0 for 26 months and is an improvement on August (53.0).
This is due to rates of expansion in output and new orders gaining traction and the new export business seeing a modest recovery.
Price pressures remained elevated as input costs and output . . .
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