Stockbuilding ahead of Brexit undoubtedly flattered the manufacturing PMI in March. Nonetheless, the manufacturing sector should support GDP growth in Q1. And the increase in the employment and new orders balances provide reason to think that some of the strength of the survey could be sustained beyond the 12th April, unless there is a no deal Brexit at that point.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services