Supplier mood shows signs of Ipex optimism

Ipex has added to the brightening mood within the industry, according to Picon, following its latest quarterly survey of its members, suppliers to the industry.

Business optimism among suppliers blossomed in the first three months of the year. And for the second quarter in a row, the number of suppliers feeling increasingly optimistic rose sharply, up from 19% to 35% in the UK and from 16% to 32% abroad.

The +12% domestic result is the first positive balance since the end of 2000.

However, the feel-good factor is still balanced by weak order books, producing a balance of -24 in the UK and -54 abroad.