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Every part of the UK economy has started 2018 in a worryingly bad state





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  • 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 >>>

Source:: BusinessInsider.Com

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