Welsh private sector output improves but remains firmly in negative terrain

Welsh private sector output improves but remains firmly in negative terrain

Private sector output in Wales improved in May from April’s record low, but remains firmly in negative terrain shows latest research from NatWest.

The bank’s Wales Business Activity Index — a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – registered 32.7 in May, up from April’s record low of 16.3.…

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