Manufacturing PMI in UK recovers in Nov.


(MENAFN) The manufacturing sector in the UK recovered in the months of October and November, Xinhua reported. The Purchasing Managers Index (PMI) increased to 58.4 from 56.5, registering the highest figure since February 2011. An economist with Barclays Economics Research said: "Stronger demand prompted further increases in output prices, which rose for the fifth month in succession in November. Firms said they had been able to pass on increases in input costs, which had also risen for five successive months."


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.