UK manufacturing index edges off seven-month low - PMI

By David Milliken LONDON (Reuters) - British manufacturing activity inched higher in May after hitting a seven-month low in April, but strong domestic demand was largely offset by weak exports, a closely watched survey showed on Monday. The Markit/CIPS manufacturing Purchasing Managers' Index (PMI) rose to 52.0 in May from a downwardly revised 51.8 in April, a weaker increase than the rise to 52.5 forecast by a Reuters poll of analysts. "Expectations of a broad rebound in UK economic g