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Activity boost for manufacturing sector

2nd January 2013

THE manufacturing sector has been buoyed by encouraging data for factory activity in December, which grew at its fastest pace since September 2011.

The Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) rose to a 15-month high of 51.4 in December from an upwardly revised 49.2 in November - a far stronger increase than any predicted.

The economy is forecast to shrink 0.1% in the last three months of 2012, but stronger-than-expected official services output data for October, released just before Christmas, rais......for the full story register now for free or login below...

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