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Key points from RBS Chief Economist on Scottish latest business performance - including inflation and employment
The Scotsman
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09/10/2024
In a video exclusive for The Scotsman, Sebastian Burnside - chief economist for RBS and the Natwest Group - talks through their latest regional growth data for Scotland
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News
Transcript
Display full video transcript
00:00
Hello and welcome to this summary of the Royal Bank of Scotland's Growth Tracker for the
00:07
Scotland. This month we saw private sector businesses in Scotland report another month
00:14
of growth, extending that run to nine consecutive months now, albeit at a somewhat weaker pace
00:20
than we've seen in the recent past. There was further good news on the employment front
00:28
with businesses' hiring intentions being particularly strong and the first signs that
00:36
inflation may well be firmly beaten as businesses reported the lowest levels of price pressures
00:44
in their supply chains that they've seen since early 2022.
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