Manufacturing production growth accelerated to its strongest for 10 months in February, helping to offset a slight loss of momentum in the service economy, according to February data from the IHS Markit / CIPS Flash UK Composite PMI®. The seasonally adjusted IHS Markit / CIPS Flash UK Composite Output Index – which is based on approximately 85% of usual monthly replies – was unchanged at 53.3 in February and comfortably above the 50.0 threshold that separates expansion from contraction. Moreover, the latest reading pointed to the joint-fastest expansion of private sector output since September 2018 (equalling that ... (full story)