According to the finalized survey,
- New business continued to decline in March, though the rate of decline was the least marked since July 2023. Inflows of news business from overseas influenced new business trends.
- The rate of job creation pulled back from the February eight month high.
- Input price inflation slowed in March. However, wage growth remained the main contributor to input price trend inflation, which continued to remain elevated relative to the long-run average.
- Average prices charged increased at a less marked rate, but also remained elevated by historical levels. Nonetheless, output price inflation tumbled to its lowest level in almost three years.
- Optimism across the services sector improved for the fourth month. Optimism reached its highest…
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