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Manufacturing activity rises in Scotland

8 August 2011
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Manufacturing activity rises in ScotlandThe Scottish manufacturing industry has witnessed a rise in activity during July this year.

According to the latest Purchasing Managers' Index (PMI) from Bank of Scotland and Markit, the pace of expansion over the month was "robust", with output growing at its fastest pace for three months.

In addition, operations management professionals are advised the nation also witnessed a rise in activity within the services sector, which has seen growth accelerate at a faster pace than manufacturing activity.

The report shows overall PMI rose from 53.3 in June to 53.5, although levels of new business were only marginally improved over the month in question and employment remained largely unchanged.

Bank of Scotland chief economist Donald MacRae remarked: "The results of this month’s PMI suggest a modest and muted recovery in the Scottish economy."

In related news, the CIPS and Markit PMI for the whole of the UK recently revealed that July saw a contraction in the manufacturing sector, with the measure falling to 49.1, its first decline below 50 for two years.ADNFCR-3058-ID-800692745-ADNFCR
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