LONDON, 1-9-2014 — /EuropaWire/ — Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures.
“Growth in manufacturing continues but at a more controlled level than we have seen so far this year. Although there is still a confident buzz amongst manufacturers, the fragility of a recovery which continues to rely heavily on consumer spending is still an underlying cause for concern. A much-needed boost in export orders is yet to materialise but is becoming increasingly important if the UK manufacturing recovery is to rebalance and become more sustainable.”
Notes to Editors:
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