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Manufacturing slowed in February

Series: CIPS New Release ; 1 March 2004 (1)Publication details: 2004Subject(s): Summary: Growth in manufacturing continued in February but at a slower rate than January according to the latest figures from the Chartered Institute of Purchasing and Supply (CIPS). A rise in factory output meant expansion was recorded for the eighth month in a row. However the CIPS "Purchasing managers' index fell from 55.8 in January to February's posting of 53.2 reflecting slower growth of both output and new orders. CIPS Press Release http://www.cips.org/BigPage.asp?CatID=42&PageID=17 7.

Growth in manufacturing continued in February but at a slower rate than January according to the latest figures from the Chartered Institute of Purchasing and Supply (CIPS). A rise in factory output meant expansion was recorded for the eighth month in a row. However the CIPS "Purchasing managers' index fell from 55.8 in January to February's posting of 53.2 reflecting slower growth of both output and new orders. CIPS Press Release http://www.cips.org/BigPage.asp?CatID=42&PageID=17 7.