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UK Manufacturing Sector Growth At 16-Month High

The UK manufacturing sector expanded the most in more than a year in July as output growth hit a 32-month high due to further loosening of the lockdown conditions in place due to the coronavirus disease, final data from IHS Markit showed Monday. The IHS Markit/Chartered Institute of Procurement & Supply final manufacturing Purchasing Managers’ Index rose to a 16-month high of 53.3 in July.
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