Open Demo Account
Home / Market Update / Forex Market / UK Final Services PMI Misses Estimates in December

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.

Tags

Check Also

UK Inflation Surprise Raises Questions Over BoE Rate Cut Path

British inflation accelerated sharply in April, exceeding both market and central bank forecasts, reigniting concerns …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends