Economic Indicators

U.K. Services PMI 55.1 vs. 55.5 forecast

2023.05.23 06:54


© Reuters. U.K. Services PMI 55.1 vs. 55.5 forecast

Investing.com – Service sector activity in the U.K. fell more-than-expected last month, official data showed on Tuesday.

In a report, The Chartered Institute of Purchasing & Supply and the NTC Economics said that U.K. Services PMI fell to a seasonally adjusted annual rate of 55.1, from 55.9 in the preceding month.

Analysts had expected U.K. Services PMI to fall to 55.5 last month.

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