Stockpiling hits new record


BREXIT stockpiling helped fuel a surge in manufacturing output last month as firms sought to avoid being caught short ahead of what was supposed to be Britain’s departure from the EU.
The Markit/CIPS UK manufacturing purchasing managers’ index (PMI) showed a reading of 55.1 last month compared with the 52.1 recorded in February.
It represents a 13-month high and beat expectations from economists, who forecast a reading of 51.2. A figure above 50 indicates growth.

Read more in this week’s print edition or go to e-paper

Previous articleAvincis Winery, Romania
Next articleWTO rules OK


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.