UK manufacturing records has reported the fastest growth for three years. April data records strong demand at home and abroad that will calm concerns about a Brexit slump in the economy.
Britain’s factories smashed expectations in April, according to Market/CIPS Manufacturing PMI.
Britain’s factories enjoyed their fastest growth for three years last month on the back of strong demand at home and abroad, according to a survey that will temper worries about a Brexit-driven economic slowdown this year.
The manufacturing sector, which makes up about a tenth of the UK economy, enjoyed the strongest pick-up in new work since the start of 2014 and smashed expectations in April. Firms also took on new workers at a faster pace and ramped up production.
Its main barometer of business activity jumped to 57.3 in April from 54.2 in March. That confounded forecasts for a modest slowdown to 54.0 in a poll of economists.
To ensure that you are part of this growth an MRP/ERP & Production Control Software is paramount to ensuring complete visibility throughout your manufacturing plant ensuring ROI month on month.
MIETrak Pro is easy to install, implement, and use and is one of the leading MRP software available in the UK. With a worldwide presence it is the MUST HAVE software to support your continued success.
*information has come from the guardian, manufacturing