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UK manufacturing growth ''constrained by domestic slowdown''

3 May 2011
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UK manufacturing growth ''constrained by domestic slowdown''A dropping back of domestic orders in the UK manufacturing industry caused the pace of growth to slow in the sector during April 2011.

This is according to the most recent purchasing managers' index (PMI), which declined from 56.7 in March to 54.6 last month, as internal sales performance weakened.

However, the report from Markit and CIPS also showed that export sales continued to climb over the month in question, as overseas demand for UK products remained high.

The PMI has slipped back from a record level in January, but continues to stand over the 50 mark that represents expansion of the sector, with sharp rises in demand from nations and regions such as the US, China, Europe, Russia and the Middle East.

Operations management professionals may be interested in comments made by Markit senior economist, Rob Dobson, that "the outlook has deteriorated sharply, with new orders growth having collapsed from a booming pace at the start of the year".

UK businesses are continuing to experience pressures on manufacturing costs from high raw materials prices and inflationary growth, the Confederation of British Industry warned recently.ADNFCR-3058-ID-800517260-ADNFCR
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