Business activity in the Welsh private declines for the first time in more than three years

Business activity in the Welsh private declines for the first time in more than three years

Business activity in the private sector in Wales has fallen for the first time in more than three years, according to new research from NatWest.

The bank’s latest Wales PMI (purchasing managers’ index) for October, shows the first fall in business activity since July, 2016, amid a further decrease in new work. Hesitancy among clients reportedly led to a third successive monthly decline in…

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