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NatWest report shows stronger business demand

Strengthening demand conditions and improved client confidence has spurred new business growth across the South West, according to the NatWest PMI.
By Deia White,

 South West sees improved conditions

Strengthening demand conditions and improved client confidence has spurred new business growth across the South West, according to the NatWest PMI.

As a result, there was a further uptick in output during April, with firms signalling upbeat forecasts for the medium-term. Cost pressures picked up to a 14-month high, but competitive pressures curbed charge inflation.

Increased new order intakes, demand resilience and more favourable economic conditions underpinned the latest rise in output, anecdotal evidence showed.

https://www.tbeswindonandwilts.co.uk/wp-content/uploads/2024/05/130524_PMI_Southwest.pdf