UK Preliminary Manufacturing PMI Beats Estimates in March

The UK manufacturing and services sector activities continue to improve in March, the preliminary report from IHS Markit showed this Wednesday.

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) jumped to 40-month highs of 57.9 in March versus 55.0 expected and 55.1 – February’s final reading.