Get all your news in one place.
100's of premium titles.
One app.
Start reading
Insider UK
Insider UK
Business
Peter A Walker

Scottish private sector output 'expanding at softer pace'

The latest Royal Bank of Scotland PMI data has indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Business Activity Index - a measure of combined manufacturing and service sector output - falling from 58.9 in April to a three-month low of 55.9 in May.

The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

Slower increases in output were seen across both manufacturing and service sectors, with the former noting the slower rate of growth overall.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.