Midlands Outstrips UK Output Performance for a Further Month
Latest Lloyds Bank WM PMI recorded strongest performance in UK, at 58.1 in June, up from 56.6
Latest Lloyds Bank EM PMI eases to 55.4, from 57.9 in May, but stronger than UK average.
Inflationary pressures appear to be moderating but remain robust, with relative stabilisation of £ a contributory factor.
Demand strengthening in key export regions, with notably more vibrant growth evident in EU.
Labour market conditions continue to prove problematic.
New business orders at strong levels and indicate resilience current growth prospects.
Successful Brexit negotiations may require an Asymmetric Treaty approach.