New orders for products and services in the East Midlands rose at their fastest pace since March 2022, according to a new NatWest report.
The bank’s monthly PMI survey of business managers also found that inflationary pressures eased in June and business confidence was at its strongest in almost a year-and-a-half – despite rising interest rates and ongoing inflationary pressures.
However the East Midlands business leaders also signalled a renewed drop in output – the first in five months – which contrasted with the picture for the UK as a whole, which indicated a solid rise.
