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UK June flash services PMI 53.7 vs 54.8 expected

UK June flash services PMI 53.7 vs 54.8 expected
Prior 55.2Manufacturing PMI 46.2 vs 46.8 expectedPrior 47.1Composite PMI 52.8 vs 53.6 expectedPrior 54.0Similar to the euro area, the UK economy also showed signs of slowing towards the end of Q2 but is at least still posting slight growth. The manufacturing sector continues to underperform while activity in the services sector is also dampened by rising price pressures, which marks a contrast seen in the former. S&P Global notes that:“June's flash PMI survey indicates that the UK economy has lo... Read More
Posted: Jun 23 2023, 08:30
Author Name: forexlive
Views: 092191

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