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UK Manufacturing Growth Unexpectedly Improves As Factories Prepare For Brexit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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UK manufacturing sector expanded at the fastest pace in six months in December, defying expectations for a slowing, as demand strengthened as manufacturers and clients prepared for Brexit.

The CIPS UK manufacturing Purchasing Managers' Index, or PMI, climbed to 54.2 from November's 53.6, survey data from IHS Markit showed on Wednesday.

Economists had forecast a lower score of 52.5. A PMI reading above 50 shows growth in the manufacturing sector.

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