Industry figures down

The British Airways i360 in Brighton. Picture: Steve Parsons/PA Wire

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MANUFACTURERS were walking rather than running in August as new figures today showed the sector endured its worst performance in 14 months.

Amid fears that geopolitical tensions are hampering the recovery, the closely-watched CIPS/Markit purchasing managers’ index survey gave a weaker-than-expected reading of 52.5, down from 54.8 a month earlier.

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