01-03-2018 16:50 via theguardian.com

UK manufacturing growth drops to eight-month low

Uncertainty over Brexit and strengthening pound hitting British factories, survey showsBritain’s factories suffered a slowdown in growth to an eight-month low last month as manufacturers were hit by the twin headwinds of Brexit uncertainty and a stronger pound.The IHS Markit/CIPS survey showed that manufacturing output remained robust and above the historic average, but the purchasing manager’s index (PMI) that measures activity across the sector slipped to 55.2 in February, its seco
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