THE UK manufacturing sector contracted for the second month in a row in June due to falling exports and fewer new business wins, according to a survey.
The Markit/CIPS Purchasing Managers' Index, where a reading above 50 indicates expansion, rose to 48.6 from May's three-year low of 45.9 which was slightly above expectations.
However the British Chambers of Commerce quarterly economic survey, also published today, suggests the Scottish manufacturing sector outperformed the UK in domestic orders.
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