Economics
U.K. Manufacturing Index Increased to 16-Year High in November
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U.K. manufacturing growth unexpectedly accelerated to the fastest pace in 16 years in November as export orders climbed.
A gauge based on a survey of companies by Markit Economics and the Chartered Institute of Purchasing and Supply rose to 58 from 55.4 in October, according to an e-mailed statement today in London. The median forecast of 24 economists in a Bloomberg News survey was for 54.7. A measure above 50 indicates expansion.