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Birmingham Post
Birmingham Post
Business
Tom Pegden

NatWest hints at green shoots of recovery in East Midlands

The economic slowdown among businesses in the East Midlands seems to be slowing according to new figures.

The latest monthly NatWest PMI survey of company managers suggests business confidence hit an eight-month high last month as inflationary pressures finally show signs of cooling.

The seasonally adjusted index –which measures the month-on-month change in business performance – showed that although there remained a solid decline in business activity, the contraction appeared to be easing.

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