Home / Market Update / Forex Market / UK Final Services PMI Revised Down in Feb

UK Final Services PMI Revised Down in Feb

The UK services sector activity came less than expectations in February, the final report from IHS Markit came out this Wednesday.

The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised higher to 49.5 in February versus 49.7 expected and a 49.7 – last month’s flash reading.

Check Also

U.S. Manufacturing Slips Again as Tariffs and Uncertainty Weigh on Growth

American manufacturing continued its downward slide in November, marking the ninth consecutive month of contraction. …