• Prior 57.0
  • Employment index 55.8 vs 54.4 in May. Highest since March 2011
  • New orders 61.1 vs 59.5

GBP/USD runs up to 1.7133

“UK manufacturing continued to flourish in June, rounding off one of the best quarters for the sector over the past two decades. With levels of production surging higher, and order books swollen by a further upswing in demand from both domestic and overseas clients, job creation accelerated to its highest for over three years.” Said Rob Dobson at Markit

UK manufacturing is back on the up and even though it’s a small part of GDP these days it’s still very welcome.

UK mfg PMI 01 07 2014

UK mfg PMI 01 07 2014