UK manufacturing PMI unexpectedly bounces to 13-month highs of 55.1 in March

The UK manufacturing sector activity saw an unexpected upturn in the month of March, the latest survey report from IHS Markit showed this Monday. 

The seasonally adjusted IHS Markit/CIPS UK Purchasing Managers’ Index (PMI) rebounded to thirteen-month highs of 55.1 in March versus 51.0 expected and 52.0 last.