THERE was a “tentative upturn” in Scottish private sector growth last month, according to a new study.
The sector made a positive start to the second quarter, seeing growth pick up slightly from the “relative stagnation” experienced in the preceding Bank of Scotland Regional Purchasing Managers’ Index (PMI) survey.
The slight upturn was driven by the manufacturing sector, which offset shrinking services output, the study found, meanwhile, job creation in April was at its strongest in eight months, although business confidence was at its lowest in six months.
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Fraser Sime, regional director at Bank of Scotland commercial banking, said: “There was good news all round, from steep production growth to solid job creation.”