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Economy Private sector records surge in growth
The Guardian
|March 25, 2025
UK private sector output growth climbed to a six-month high in March, powered by services companies that expect to avoid Donald Trump's second wave of trade tariffs next month.
In a boost to Rachel Reeves before the spring statement tomorrow, services companies said order books had increased for the first time this year after a sustained rise in domestic and overseas sales.
The S&P UK PMI composite output index, which tracks private sector activity, rose to 52.0, the highest since last September, and up from 50.5 in February.
Meanwhile, a survey found most consumers were not optimistic about the state of the economy and believed it was heading in the wrong direction. Of 3,000 people surveyed by KPMG, 58% felt Britain's economy was worsening in the three months to the end of February, an increase of 15 percentage points from the three months to the end of November.
यह कहानी The Guardian के March 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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