First growth in manufacturing since mid 2022
| Published date | 03 April 2024 |
| Publication title | Huddersfield Daily Examiner |
Any score above 50 is considered to show the sector is growing, and this is the first time since July 2022 that the PMI rose above that level.
"The end of the first quarter saw UK manufacturing recover from its recent doldrums," said Rob Dobson, director at S&P Global Market Intelligence.
"Production and new orders returned to growth, albeit only hesitantly, following year-long downturns, with the main thrust of the expansion coming from stronger domestic demand."
The survey found there was still a weak trend in new export orders. Demand from overseas might have fallen at...
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