Private sector activity is on the rise in what has been described as a “mixed” picture for English regions.
England’s private sector returned to growth in November but the economic picture across the country’s regions remained mixed, according to a new report.
The Lloyds TSB Regional Purchasing Managers’ Index (PMI), which monitors the combined output of the manufacturing and service sectors, rose from 49.7 to 51 points last month, taking it back above the 50-point mark dividing contraction and growth.
The North West saw the strongest increase in activity, with its PMI climbing to a two-month high of 52.5.
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