Output in the Welsh public sector achieved a marked expansion in February, according to new research from NatWest.
Its Wales business activity index – which measures the month-on-month change in the combined output of the manufacturing and service sectors – registered 60.7 last February, up from 55 in January. Anything below 50 denotes contraction.
The rate of output growth was the fastest seen for four months and among the sharpest of the 12 monitored nations and regions of the UK - slower than only London and Yorkshire & Humber. Firms noted that the uptick in activity stemmed from stronger client demand and a steeper rise in new business.
