Service sector SMEs boast sharpest rise in output growth

January 2003
Management Services;Jan2003, Vol. 47 Issue 1, p5
Academic Journal
The article details the findings of the PKF SME Index, produced by accountancy and business advisors PKF and independent research company NTC Research, for the third quarter of 2002. The index, based on research from 800 Great Britain companies across services, manufacturing and construction, showed strongest output growth in the service sector at 55.6 on the index. These companies increased average charges for the third successive quarter, with inflation picking up slightly, while input costs rose. A reduction in staffing levels continued but at a slightly slower rate than in previous results for the year.


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