Every part of the UK economy has started 2018 in a worryingly bad state
|02/05/2018||Posted by BusinessMediaguide.Com under General World News||
- IHS Markit’s PMI for the UK services sector — which accounts for more than 75% of the country’s GDP — shows a sharp slowdown to start 2018.
- The PMI survey produced a reading of 53 in January, against a reading of 54.2 in December.
- Monday’s data completes a hat-trick of worse than forecast PMI surveys for the three major sectors of the British economy.
- Construction and manufacturing PMIs both came in below expectations last week.
LONDON — Britain’s services sector, which accounts for more than 75% of the country’s GDP, slowed down in the month of January, falling to a low not seen since read more >>>