Output Up for 13th Month but Input Inflation Rises ; Balance of Optimism Slips 11 Points in Three Months

Western MailJune 16, 2010

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Summary


BUSINESS activity in Wales is continuing to expand, according to the latest purchasing managers' index (PMI) report.

Output and new orders have now been increasing for more than a year while for the second month in a row employment is also on the rise.

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Output Up for 13th Month but Input Inflation Rises ; Balance of Optimism Slips 11 Points in Three Months

But there are also clear signs of inflationary pressures feeding through with prices charged for goods and services rising at the fastest rate since September 2008.

And another s...

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