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UK Preliminary Manufacturing PMI Beats Estimates in December

Adel 16 December, 2020 2:06 pm Forex Market, Market Update

The UK manufacturing and services sector activities showed mixed performance in December, the preliminary report from IHS Markit showed this Wednesday.

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) jumped to a 37-month high level of 57.3 in December. The reading surpassed consensus estimates pointing to a modest uptick to 55.9 from 55.6 previous.

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