UK Final Services PMI Revised up to 39.5 in Jan

The UK services sector activity contracted less-than-expected in January, the final report from IHS Markit confirmed this Wednesday.

The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised higher to 39.5 in January versus 38.8 expected and a 38.8 – last month’s flash reading.