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MTA comments on PMI 2 year high

MTA comments on PMI 2 year high

Added to MTDCNC by MTDCNC on 04 October 2016

Speaking after the publication of today’s manufacturing PMI figures, MTA CEO James Selka welcomed the reports of UK manufacturing’s continued growth, saying “It is more than positive to see the PMI index climb to its highest level in two years. It is also encouraging to see UK manufacturers taking on more staff, reflecting the increased capacity needed to fulfil new orders. The weak exchange rate is fuelling exports into Europe, the US, Asia and other emerging markets.  

“We need the UK to have a robust manufacturing sector, which is competitive on the domestic and international stages and this month’s figures are another welcome boost to UK plc after the uncertainty that hit markets after the EU referendum.”  

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