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UK PMI services finalized at 53.5, fading recession fears and improving business confidence

UK PMI Services was finalized at 53.5 in February, up from January’s 48.6. PMI Composite was finalized at 53.1, up from prior month’s 48.5. Both were their strongest readings since June 2022. Tim Moore, Economics Director at S&P Global Market Intelligence, said: “UK service providers moved back into expansion mode in February as fading recession […] The post UK PMI services finalized at 53.5, fading recession fears and improving business confidence appeared first on Action Forex... Read More

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Content Topics

Services

Finalized

53 Fading

Recession

Fears

Improving

Business

Confidence

Forex

Posted: Mar 3 2023, 09:49

Author Name: actionforex

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