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UK February final services PMI 53.5 vs 53.3 prelim

UK February final services PMI 53.5 vs 53.3 prelim
  • Composite PMI 53.1 vs 53.0 prelim

Output levels rise for first time in six months as new order growth hits a 9-month high, reaffirming a modest pick up in the UK economy in February. S&P Global notes that:

"UK service providers moved back into expansion mode in February as fading recession fears and improving business confidence resulted in the strongest rise in new orders since May 2022. However, e... Read More

Posted: Mar 3 2023, 09:30
Author Name: forexlive
Views: 110628

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