The upturn of the UK manufacturing sector was constrained by supply-chain disruption and rising cost pressure in February, keeping output growth only marginal despite a modest improvement in new order intakes.
Survey data were collected 11-23 February.
The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI®) rose to 55.1 in February, up from 54.1 in January and above the flash estimate of 54.9. The PMI has signalled growth for nine months in a row.
The full IHS Markit/CIPS UK Manufacturing PMI® Report is attached.
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