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UK Manufacturing Sector Expands At Record Pace

The UK manufacturing sector grew at the fastest pace on record in April underpinned by production and new orders, final data from IHS Markit showed on Tuesday. The Chartered Institute of Procurement & Supply manufacturing Purchasing Managers’ Index rose to 60.9 in April from 58.9 in March and was above the flash estimate of 60.7. Output increased for the eleventh straight month in April.
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