Stockpiling frenzy drives UK factories ahead of Brexit - PMI

LONDON (Reuters) - Factories in Britain stockpiled for Brexit at an explosive rate last month, unlike anything seen before in a major rich economy, pushing manufacturing growth to an unexpected 13-month high, a survey showed on Monday.The IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) rose to 55.1 from 52.1 in February, confounding all forecasts in a Reuters poll that had pointed to a reading of 51.0.The headline figure far exceeded readings from the euro zone, where a global..