: Reflecting a crisis in Britain steel industry, a slowdown in the oil sector and sluggish demand overseas, manufacturing registered one of its weakest performances for three years, according to the Markit/CIPS UK Manufacturing purchasing managers’ index report, according to The Guardian. That echoed a downbeat picture of eurozone manufacturers in a survey for the region also released on Friday. A closely watched survey of the sector suggested it made little contribution to the UK overall economic growth in the first quarter. But there was brighter news from China factory sector where activity expanded in March for the first time in nine months, according to an official poll. — Markit Economics April 1, 2016#UK manufacturing output growth unchanged from Feb 7-month low. The UK report showed manufacturing employment fell for the third month running as new export business continued to decline. Job losses recorded for third straight month.
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