output

SW sees slowest rise in output in 2.5 years

The South West private sector grew at the slowest rate in nearly two-and-a-half years in September, according to the latest PMI® survey data, mirroring the trend shown across the UK as a whole.

This mainly reflected the first decline in new business since March 2013. Employment continued to rise, but at the slowest rate seen across the UK. The latest survey also signalled a decline in...

Growth rates for output and new business pick up in March

The South West private sector economy registered a faster increase in output in March, according to the latest PMI® survey data.

This was accompanied by a stronger gain in incoming new business, a rise in backlogs of work and sharper job creation. The latest survey results also signalled weaker price pressures, as input price inflation slowed and firms’ charges were broadly unchanged...