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Evening Standard
Evening Standard
Business
Henry Saker-Clark

UK manufacturing growth strikes four-year high despite rising inflation

The report said optimism surged after Labour’s landslide election victory (Alamy/PA) -

Activity across UK factories grew at the fastest pace for four years last month despite pressure from soaring inflation, according to new figures.

The S&P Global UK manufacturing PMI survey, watched closely by economists, showed a reading of 53.9 in May, up slightly from 53.7 in April.

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