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UK producers shrug off big price increases

UK MANUFACTURERS shrugged off record input price increases to start 2017 in fine form, according to a closely-watched indicator.

Growth in the sector's output reached its highest point since May 2014 as the overall purchasing managers' index (PMI) recorded its sixth straight month of growth in the UK's manufacturing sector.

The UK's manufacturing PMI dipped slightly to 55.9 in January, according to data providers IHS Markit, only slightly down from a 2.5-year high in December. Any me

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