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UK manufacturing industry witnesses expansion in September

4 October 2011
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UK manufacturing industry witnesses expansion in SeptemberLast month saw the UK's manufacturing industry return to growth, it has been reported.

The latest Purchasing Managers' Index (PMI) for the sector showed the measure stood at 51.1 in September, ahead of the 50 mark indicative of expansion.

According to the data from Markit and the CIPS, the PMI showed signs of contraction in August, but has rallied over the past month.

However, new export orders declined sharply over the period in question, indicating overseas sales are weakening, although there were climbs in overall new business and output as the domestic market appeared to pick up.

August saw the PMI stand at a revised 49.4 on a seasonally-adjusted basis, with production up in September as operations management specialists worked on rapidly clearing backlogs of work.

Markit senior economist Rob Dobson commented: "The modest return to growth of UK manufacturing output in September is a positive, but it is hard to escape the fact that the sector's performance has weakened substantially."

A recent report by the Confederation of British Industry showed that despite economic uncertainty within Europe, UK manufacturers are continuing to forecast rising output over the coming quarter.ADNFCR-3058-ID-800748042-ADNFCR
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