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It literally says it’s because of Brexit stockpiling.
It’s a useless story on it’s own though. Increase in manufacturing has to go somewhere, so it’s either stockpiling, exports, or domestic sales. The measure should really be shown next to sales measures to provide a better indication of whether stockpiling is making a big difference.
Dim is stockpiling cretinism in case of shortages in the event of Article 50 being withdrawn.
I guess we could say we are still in the EU, that's why everything is booming, despite Brexit stockpiling. Damn you Brexit!
Eh?
It literally says it’s because of Brexit stockpiling.
It’s a useless story on it’s own though. Increase in manufacturing has to go somewhere, so it’s either stockpiling, exports, or domestic sales. The measure should really be shown next to sales measures to provide a better indication of whether stockpiling is making a big difference.
UK factories stockpiled goods for Brexit at an unexpectedly high rate last month, boosting manufacturing growth to a 13-month high, according to a closely watched survey.
The research, by IHS Markit/CIPS, found that the rate of increase in stocks hit a survey record high for the third month in a row.
The Purchasing Managers' Index (PMI) for the manufacturing sector rose to 55.1 in March, from 52.1 in February.
A figure above 50 indicates expansion.
The PMI has remained above that benchmark for 32 months in a row.
I guess we could say we are still in the EU, that's why everything is booming, despite Brexit stockpiling. Damn you Brexit!
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