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UK PMI construction dropped to 48.4, weakest in 2 1/2 years

UK PMI construction dropped to 48.4, weakest in 2 1/2 years
UK PMI Construction dropped slightly from 48.8 to 48.4 in January, below expectation of 49.5. S&P Global noted that residential work had the steepest drop for 32 months. New orders and employment continued to decrease. But business activity expectations rebounded. Tim Moore, Economics Director at S&P Global Market Intelligence, said: “A sharp and accelerated decline […] The post UK PMI construction dropped to 48.4, weakest in 2 1/2 years appeared first on Action Forex... Read More
Posted: Feb 6 2023, 09:44
Author Name: actionforex
Views: 102584

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