Manufacturers enjoy order boost
28 August 2012
Another rise in new orders from home and abroad led to higher growth in the UK manufacturing sector in November, according to the latest purchasing managers' index.
The PMI - a composite indicator of economic activity from CIPS and NTC Research, in which 50 means no change on the previous month - rose to 55, from 53.5 in October.
Another increase in output also helped the PMI to its highest level since June. Most companies stepped up output to meet rising growth in new orders and exports.
Companies increased their...