Uk Industrial Output Expands at a Slower Pace; Key Index Index Close to Six-Year Highs
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Summary
UK manufacturing expanded at a slower but still brisk pace in June, while the prices companies charge their customers rose at their fastest pace since records began five years ago, according to a closely-watched economic indicator.
The Chartered Institute of Purchasing and Supply/Reuters purchasing managers' index fell to 54.8 in June from May's 55.7, but was still above the 50-mark that separates expansion from contraction. Forecasts were for a reading of 55.6.See the full content of this document
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Uk Industrial Output Expands at a Slower Pace; Key Index Index Close to Six-Year Highs
The CIPS figures show a year of expansion in a sector that makes up roughly a fifth of the economy. Official government statistics, which have been lagging ...
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