The UK manufacturing sector shrank at a faster pace in March as the strong improvement in supplier delivery times was more than offset by deteriorating new orders and production, final survey results from S&P Global revealed Monday.
The Chartered Institute of Procurement & Supply manufacturing Purchasing Managers' Index, or PMI, fell to 47.9 in March from February's seven-month high of 49.3. The flash estimate was 48.0.
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by Renju Jaya
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