Bank of Scotland


14 June 2010

Latest data signalled that the recovery of the Scottish private sector economy gathered pace in May, following volcano-related disruptions to business operations in the previous month. The headline Bank of Scotland PMI – a seasonally adjusted index monitoring activity across Scotland’s manufacturing and service sectors – rose to 53.1 in May, from 51.6 in April, pointing to a rise in private sector activity that was the fastest in three months.

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