(Bloomberg) -- U.K. manufacturing grew at the slowest pace in three months in April, a sign factory production is buckling under the burden of a stronger pound.
An index based on a survey of more than 600 manufacturers fell to 53.9 from a revised 54.2 in March, the Chartered Institute of Purchasing and Supply and Royal Bank of Scotland Group Plc said today. Economists forecast 54, the median of 28 estimates in a Bloomberg News survey showed.
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