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A summary of this month’s Purchasing Managers’ Index reports – click through to your region below.
Last updated: 12 Oct 2020 2 min read
In September, business activity continued to rise across all regions, but more slowly in most cases.
Sebastian Burnside, NatWest chief economist, commented: “The third quarter has seen a rebound in business activity across all UK regions, with September’s PMI data indicating a continuation of this broad-based recovery.
“The English regional economies have seemingly fared better in the initial reopening stage of the recovery. However, even here we are starting to see signs of a loss of momentum amid the introduction of local restrictions and the withdrawal of government support such as the Eat Out To Help Out scheme.
“Rates of job shedding slowed across the majority of areas amid the first signs of capacity pressures beginning to emerge, but, of course, the outlook for the labour market is still clouded in uncertainty, with firms set to transition away from the current job retention scheme. In the coming months, the regional PMI data are set to play an important role in providing an early guide as to how developments in local job markets are unfolding.”
Please see the regional reports in full: