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Pace of new orders slows

UK manufacturing output rose last month at its fastest pace since September 2011, a survey from the Chartered Institute of Purchasing and Supply (CIPS) shows.

But manufacturers suffered a sharp slowdown in new order growth and employment was virtually static, highlighting the challenges facing the sector as the wider UK economy teeters on the brink of triple-dip recession.

UK gross domestic product fell 0.3% in the final quarter of last year.

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