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UK Final Services PMI Misses Estimates in December

Adel 6 January, 2021 2:20 pm Forex Market, Market Update

The UK services sector activity contracted more-than-expected in December, the final report from IHS Markit confirmed this Monday.

The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised lower to 49.4 in December versus 49.9 expected and a 49.9 – December’s flash reading.

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