UK manufacturing growth at two-year high, PMI survey shows
UK manufacturing saw its strongest growth in two years in June, according to a survey, boosting hopes of a strengthening economic recovery, writes the BBC.
The Markit/CIPS purchasing managers’ index (PMI) rose to 52.5 last month – its highest level since May 2011.
Any reading above 50 indicates growth in the sector.
The figure adds to the increasingly positive data released in recent weeks on the UK economy, which grew by 0.3% in the first three months of the year.