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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Economic growth sustained as inflationary pressures recede further - report

There was a combination of sustained economic growth across the West Midlands and further slowdowns in inflation rates, according to newly published data.

The PMI report, which is published by NatWest and is a measure of monthly changes in the combined output of the region's manufacturing and service sectors, signalled growth for the fifth month in a row.

However, falling from 54.2 in May, the latest reading showed the slowest rate of expansion over this period.

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