output optimism

Business Costs Enter Deflation Period for First Time in Six Years

The business outlook for 2015 remains positive as output, optimism and hiring rates continue to rise and reduced overheads allow firms to focus on growth UK enterprises are experiencing an overall cost deflation period for the first time since 2009, according to the latest business trends report by accountancy firm BDO LLP. The BDO’s inflation index fell below 95 (the line which denotes deflation) to 94.7 in February, meaning companies can capitalise on low input costs and focus on investing in growth and business infrastructure. Other positive findings include an increase in business output, up from 102.9 to 103.1 this month – indicating continued growth for firms in 2015. Hiring rates also appear to be on the rise with the BDO’s employment index up to 113.1 from 111.6 and business optimi... »