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Birmingham Post
Birmingham Post
Business
David Laister

February saw strongest increase in business activity in eight months as region returned to growth

February saw the strongest increase in business activity across the Yorkshire and Humber region since the start of last summer.

Analysis of the latest NatWest Yorkshire & Humber PMI Business Activity Index showed output from the manufacturing and service sectors ended a four-month downturn, with the region among the strongest performers.

The headline measure was up into growth territory at 52.6, from 48.6 in January - with 50 the switch - the first expansion since September. It comes as the Chancellor revealed the UK is set to avoid entering a recession in his Budget speech this week.

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