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English regions experience business growth

12 October 2010
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English regions experience business growthSeptember saw an increase in business activity during September this year within England, although rates of growth slowed.

The most recent Purchasing Managers' Index from Markit and the Regional Development Agencies in England revealed higher levels of activity were witnessed in all nine regions of the country over the month.

In addition, employment grew in six areas and input price inflation accelerated, while weak pricing power dampened output charges growth.

Individuals involved in demand planning are also advised that the most recent Office for National Statistics data showed a six per cent year-on-year rise in the index of manufacturing for August 2010, with output up in ten of the industry's sub-sectors.

However, there has been a decline in the pace of expansion in terms of output during the past few months.

Meanwhile, a spokesman for the Manufacturing Institute, Ed Moss, has warned companies in the UK manufacturing industry are being held back by a lack of available capital and could see their growth stall altogether as firms "don't know where they are going to get their money from".ADNFCR-3058-ID-800111017-ADNFCR
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