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