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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Reduced price pressure accompanies stronger new business growth in the West Midlands - report

There was a notable improvement in operating conditions across the West Midlands economy during March, according to newly published research.

In parallel to receding price pressures, demand growth rebounded to a one-year high which in turn underpinned a solid expansion in output.

The last NatWest PMI report - a seasonally adjusted index that measures the month-on-month change in the combined output of the region's manufacturing and service sectors - was at 52.7 in March, little-changed from 53.0 in February and therefore signalling the second-fastest increase for 11 months.

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