UK business output growth falls for first time in 2019
UK business output growth has declined for the first time this year.
BDO’s Output Index, which measures UK business output growth, fell to 98.63 in April from 98.74 in March.
Business confidence also registered another decline in April, slipping by 0.36 points to 95.74 – the lowest level the index has been since 2012.
As the imminent threat of a no-deal Brexit was lifted last month, activity in the manufacturing sector is expected to diminish due to unprecedented levels of stockpiling tailing off.
BDO’s Manufacturing... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...