U.K.'s February PMI dives to 47.9, missing expectations (51) by a mile. New Orders came in at...


U.K.'s February PMI dives to 47.9, missing expectations (51) by a mile. New Orders came in at 46.6. Backlogs of work  - "the rate of reduction was marked ... The return to contraction of the manufacturing sector is a big surprise and represents a major setback," says Markit. The pound (FXB) goes whoosh, now -0.9% and buying $1.5033.

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  • SA_Member_8998191
    , contributor
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    Direct results of austerity!
    1 Mar 2013, 08:01 AM Reply Like
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