November data indicated a stabilisation of UK private sector output, following marginal reductions in each of the previous three months. This was supported by a return to business activity expansion in the service economy, alongside a softer downturn in manufacturing production. However, total new order intakes decreased for the fifth month running, which suggested that subdued underlying demand conditions persisted. There were renewed signs of sticky inflation in November as both input costs and average prices charged increased at faster rates than in October. Service providers reported the sharpest rise in their ... (full story)