British manufacturing growth climbed to a two-and-a-half-year high last month, fuelled by new orders from both home and abroad and adding to signs the economy ended 2016 strongly, a survey showed on Tuesday.
The Markit/CIPS UK Manufacturing Purchasing Managers Index (PMI) rose to 56.1, the strongest reading since June 2014, from 53.6 in November. That exceeded all forecasts in a Reuters poll, which pointed to a decline to 53.1.
Britain’s economy has fared much better than many economists predicted in the aftermath of June’s vote to leave the European Union, with consumer spending strong and companies continuing to perform well.
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