04:17
Tieng Anh Vui
The UK's manufacturing sector grew at its strongest pace in over a year last month, according to a survey.
The Markit/CIPS Purchasing Managers' Index rose to 51.3 in May from 50.2 in the previous month. A figure above 50 indicates expansion.
Markit said both production and new orders had picked up, with the domestic market driving demand for new business.
The survey also indicated that the manufacturing sector created jobs for the first time in four months.
Markit also said that the cost of raw materials had eased somewhat, thanks to weaker commodity prices.
"Although the domestic market was the main impetus to new order inflows, demand from overseas markets at least managed to keep its head above water," said Markit economist Rob Dobson.
'Encouraging' survey
Analysts felt the survey pointed to better things to come.
Alan Clarke at Scotiabank said: "It's encouraging. And given that recently we've tended to see UK data as an early warning of what's happening in the eurozone, it suggests to me that this improving trend in business sentiment will continue."
"It's hardly a booming level but it's improving nonetheless," he added.
Manufacturing accounts for just over 10% of the UK economy. But expansion in the sector tends to have a knock-on effect elsewhere, especially in the services sector.
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