Monday 2 December 2013

Job growth pushes UK manufacturing to near three-year high in November - PMI

British manufacturing grew at its strongest pace in almost three years in November and employment in the sector jumped, adding to signs the country's economic upturn is gaining momentum, a survey showed on Monday.
The Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) jumped to 58.4 in November from an upwardly revised 56.5 in October. Index readings above 50 indicate expansion.

The index was at its highest since February 2011 and exceeded the highest forecast in a Reuters poll.
Source: Reuters

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