Home / Market Update / Forex Market / UK Preliminary Manufacturing PMI Eases to 57.6 in December

UK Preliminary Manufacturing PMI Eases to 57.6 in December

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) worsened to 57.6 in December versus 57.6 expected and 58.1 – November’s final reading. The Preliminary UK Services Business Activity Index for December slumped, arriving at 53.2 versus November’s final readout 58.5 and 57.0 expected.

Check Also

Post NFP: Is the Swiss Franc’s Rally Exposing a Deeper Flaw in the US Economy?

For years, the US dollar has been the dominant force in global finance. Yet, its …