UK manufacturing continued to grow strongly in October, making a “solid start” to the final quarter of the year, a closely-watched survey says.
The latest Markit/CIPS Purchasing Managers’ Index (PMI) for the sector was 56.0 last month, down slightly from September’s revised figure of 56.3 but still indicating robust growth.
A figure above 50 indicates expansion.
The sector was helped by a rapid rise in export orders, which grew at the fastest pace since February 2011.
Markit said manufacturing production and new orders grew strongly last month, leading to “further job creation”.
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