Lloyds Bank

Lloyds TSB England Regional PMIs

14 November 2011

Today’s release of Lloyds TSB regional Purchasing Managers’ Index® (PMI®) data highlighted weakening output trends across the majority of English regions in October. The month-on-month slowdown was particularly marked in London and the South East, with the latter recording a fall in business activity for the first time since June 2009. Business activity in the capital meanwhile rose at the weakest pace for just over a year, which contrasted with the relatively buoyant growth seen across London earlier in 2011.

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