Britain's manufacturing growth hits 17-month high in February: S&P index


LONDON, March 2 (Xinhua) -- Britain's manufacturing industry continued the upturn trend in February, with production growth rate reaching a 17-month high, data from the S&P Global showed on Monday.

The seasonally adjusted S&P Global UK Manufacturing Purchasing Managers' Index (PMI) has signalled expansions in each of the past four months, and manufacturing production rose for the fifth consecutive month. S&P Global attributed the output increase to higher intakes of new business and a modest improvement in client confidence.

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