UK PMI services finalized at 53.8, rising inflationary pressures

UK PMI Services was finalized at 53.8 in February, down from January’s 54.3. PMI Composite was finalized at 53.0, up fractionally from January’s 52.9. Tim Moore, Economics Director at S&P Global Market Intelligence, highlighted the trend as evidence that UK economy may be emerging from the shadows of a technical recession experienced in the latter […]

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