Lloyds Bank

Business activity rises in all English regions during September

10 October 2011

Today’s release of Lloyds TSB regional Purchasing Managers’ Index®(PMI®)data points to an encouraging rebound in business activity across the English regions during September. The improvement in business activity followed a marked slowdown in August, when all regions except London saw their weakest performances for around two years. The latest data also indicated higher levels of new business across the English regions, but employment trends remained subdued outside of the East Midlands and West Midlands. Input cost inflation meanwhile remained relatively strong, albeit still lower than the peaks seen at the beginning of the year.

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