Manufacturing Growth at Four-Month High

Summary


MANUFACTURING in the UK put on a spurt in November, growing at its most brisk pace since July despite higher oil and steel prices pushing up input costs at their fastest rate in nearly a decade.

The Chartered Institute of Purchasing and Supply purchasing managers index for the manufacturing sector, which accounts for about 17 per cent of Britain's economy, rose to 55 index points in November from an upwardly revised 53.5 in October.

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Manufacturing Growth at Four-Month High

That index showed the second straight monthly gain, confounding con...

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