-
UK: Fastest expansion of output since May 2023, but cost pressures intensify
UK private sector activity expanded for the sixth consecutive month in April as a robust recovery in service sector output helped to offset a marginal decline in manufacturing production. Output growth was supported by a solid upturn in new order volumes and a modest acceleration in staff hiring, in each case driven by the service economy. April data indicated a steep increase in average cost burdens across the private sector, with the rate of inflation up sharply from March and the highest since May 2023. Stronger input price inflation was overwhelmingly linked to higher staff wages, particularly in the hospitality ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 23, 2024 4:36am Apr 23, 2024 4:36am
- MatTrader101
- Joined Jun 2021 | Status: Member | 287 Comments
- Comment #2
- Quote
- Apr 23, 2024 4:52am Apr 23, 2024 4:52am
- Imtiyaz
- | Joined Jun 2023 | Status: Member | 60 Comments
- Comment #3
- Quote
- Apr 23, 2024 5:45am Apr 23, 2024 5:45am
- ww3361
- | Joined Jun 2012 | Status: Member | 708 Comments
- Comment #4
- Quote
- Apr 23, 2024 5:59am Apr 23, 2024 5:59am
- Mafia
- | Joined Jan 2013 | Status: Member | 191 Comments
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
- Comment #5
- Quote
- Apr 23, 2024 7:37am Apr 23, 2024 7:37am
- Fix-it
- | Joined Oct 2019 | Status: Member | 119 Comments
- Comment #6
- Quote
- Apr 23, 2024 7:39am Apr 23, 2024 7:39am
- Fix-it
- | Joined Oct 2019 | Status: Member | 119 Comments