UK Lloyds Business Barometer for April 2025 comes in at a three month low of 39%
- prior 49%
- long-run average is 29%
- gauge of economic optimism fell by 13 points to
28% - 70% of businesses expect to raise prices in the coming 12
months
Info comes via a Reuters report, which adds in on a survey the Confederation of British
Industry:
- private sector output
declined in the three months to April - is expected to fall
again in the three months to July -
“Private sector activity remains subdued, with our surveys
pointing to weaker economic momentum than implied by official
data,” -
“Uncertainty has ramped up over the last few weeks,
following the back-and-forth on tariffs levied by the US and,
subsequently, big movements in financial markets.”
This article was written by Eamonn Sheridan at www.forexlive.com.