Summary
DEMAND from abroad for goods manufactured in the UK failed to pick up in February, leading to slower expansion than anticipated.
The headline purchasing managers' index (PMI) from CIPS/RBS eased to 51.7, down from an upwardly revised 51.8 in January. Although that remained above the 50.0 divide between contraction and expansion, it was below analysts' forecasts for a reading of 52.0, while also comparing unfavourably with the robust 19-month high of 54.5 posted by eurozone manufacturers.See the full content of this document
Extract
Demand for Uk Exports Remains in the Doldrums
Not surprisingly, a survey released yesterday showed manufacturers in the UK ...
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