UK manufacturing at four-month high

The downturn in UK manufacturing showed signs of easing today after new figures revealed a rebound from July’s “disastrous” performance.

Mon, 03 Sep, 2012 - 11:11

The downturn in UK manufacturing showed signs of easing today after new figures revealed a rebound from July’s “disastrous” performance.

The latest Markit/CIPS purchasing managers’ index (PMI) produced a headline reading of 49.5 for August, representing a four-month high and only slightly below the 50 mark that separates expansion from contraction.

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