The manufacturing sector in the UK maintained its activity in March as output surged while new orders growth slowed. The manufacturing sector expanded in March, with the Manufacturing PMI registering a growth of 55.1 points.
Market expectations were for the index to slow to 54.8 points, after growing by 55 points in February. Britain's manufacturing sector is growing at a rapid pace, supported by strong growth in Europe and the devaluation of sterling. Britain's manufacturing sector was the strongest economy in 2017.