British Manufacturing PMI at its 15-months high

Note: This section contains information in English only.
Source: Reuters
© scanpix/reuters
British Manufacturing PMI climbed to its highest level since September 2011, adding to signs the economy has started growing at the end of 2012. The Markit Manufacturing PMI advanced more than expected in December to 51.4 from 49.2 the prior month. However, manufacturing composes only 10% of the UK's output.
"UK manufacturing exited 2012 on a positive note, with December's PMI data signaling a reassuringly solid return to growth for the sector," said Rob Dobson, the Markit economist who compiled the survey.

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