Panic stockpiling for Brexit is helping the economy

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Every cloud has a silver lining?

Manufacturing growth has just hit an unexpected 13-month high, a survey showed today.

However, manufacturers are increasingly worried that their surge of activity will make way for a sharp decline later, survey compiler IHS Markit said. That risk prompted British factories to ramp up stocks of parts and finished products at a record pace in March to minimise any disruption to supply lines.

‘Manufacturers are already reporting concerns that future trends could be constrained as inventory positions across the economy are unwound.’

 

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