Orders bounce back to brake manufacturing's slide

29 August 2012
A small rise in new orders helped to slow the fall in UK manufacturing activity in June, according to the latest purchasing managers' index (PMI) report.

The overall PMI - a composite indicator of sector conditions from CIPS and NTC Research in which 50 indicates no change on the previous month - rose to 49.6, from 47 in May.

Strong demand from abroad - in particular, North America and the EU - fuelled the first rise in export orders this year and an overall increase in new orders (50.8).

There were falls...

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