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UK May final services PMI 55.2 vs 55.1 prelim

UK May final services PMI 55.2 vs 55.1 prelim
Prior 55.9Composite PMI 54.0 vs 53.9 prelimPrior 54.9Little change to the initial estimates as UK services activity continues to keep more robust in May. A strong rise in output and new work is helping to underpin the expansion. S&P Global notes that:"Service sector businesses have experienced strong growth so far in the second quarter of 2023, fuelled by resilient demand for consumer and technology services, combined with a post-pandemic tailwind as households switched from spending on goods to... Read More
Posted: Jun 5 2023, 08:30
Author Name: forexlive
Views: 110835

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