U.K. Manufacturing PMI down to 51.2 in February.

Thursday, 1 March 2012 01:54

The British Manufacturing Purchasing Managers’ Index declined to 51.2 points in February.

In January Markit/CIPS reported index level at 52.1, which was revised to 52.0 points.

Economists forecasted reading of 51.8 points.

Despite February’s decline Manufacturing PMI remains in area of expansion (over 50.0 points).