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UK December flash services PMI 50.0 vs 48.5 expected
- Prior 48.8
- Manufacturing PMI 44.7 vs 46.3 expected
- Prior 46.5
- Composite PMI 49.0 vs 48.0 expected
- Prior 48.2
The services and composite readings came in at a 3-month high but overall, this still points to a contraction in UK economic activity with output declining for a fifth month running. A further deterioration in demand conditions was noted with employment conditions also falling for the first time since... Read More
Posted: Dec 16 2022, 09:30
Author Name: forexlive
Views: 110852