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Private sector recovery loses momentum

The latest Purchasing Managers’ Index surveys from Scotland.

Last updated: 12 Oct 2020 1 min read

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The Scottish private sector continued to recover from the impact of coronavirus in September, according to the latest Royal Bank of Scotland PMI. However, the latest increase was only marginal overall, amid a renewed decline in new business.

Scottish firms remained confident that output will rise over the coming year amid hopes of a further recovery in demand. But expectations were the weakest for four months, reflecting heightened uncertainty about how long lockdown restrictions will last.

To read the full report, click the link below.

Royal Bank of Scotland PMI – September 2020
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