NatWest tracker shows UK business activity expands in 10 of 12 regions in July
PUBT·
- NatWest released its July growth tracker showing that business activity expanded in 10 out of 12 UK regions, up from 3 regions in June.
- London led the expansion with a business activity index of 55.3, followed by the South East at 53.2 and Northern Ireland at 51.4.
- Input cost inflation eased across all regions, reducing overall inflation risks and the likelihood of near-term interest rate hikes.