Page last updated at 00:05 GMT, Monday, 8 March 2010

Scottish businesses record a lift in output

Money
Businesses in Scotland have seen an increase in output

Businesses saw a lift in output and new orders last month, according to data from the economic consultancy Markit.

The data found that this led to a rise in Scottish recruitment while rising input costs also led to a hike in the prices being charged.

The monthly Purchasing Managers Index recorded a strong rise in business prospects following January's harsh weather.

This was still below the level of improvement for the UK as a whole.

Economist at Markit Andrew Self said: "Latest data confirmed that January's stumble along the road to recovery came about primarily due to adverse weather conditions, as output growth returned to a rate consistent with November's two-year peak.

"Firms will also take heart from a robust rise in new orders.

"The survey nevertheless paints a mixed picture as to the overall health of the Scottish economy.

"Activity and new order growth remain considerably below the average seen across the UK as a whole, and job creation was inhibited by steep rates of input price inflation."



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