Economics

U.K. Manufacturing ‘In the Doldrums’ Leaves Growth Lopsided

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U.K. manufacturing grew less than forecast in March, underscoring the uneven nature of the economy as the global slowdown takes its toll on exports.

A Purchasing Managers’ Index increased to 51 from 50.8 in February, Markit Economics said in London today. The median of estimates in a Bloomberg News survey was for a reading of 51.2.