UK PMI composite output dropped to 17-mth low, growth slowed to a crawl

UK PMI Manufacturing dropped from 52.8 to 52.2 in July, above expectation of 52.0. that’s the lowest level in 24 months. PMI Services dropped from 54.3 to 53.3, above expectation of 53.2. That’s the lowest level in 17 months. PMI Composite dropped from 53.7 to 52.8, a 17-month low. Chris Williamson, Chief Business Economist at […]

The post UK PMI composite output dropped to 17-mth low, growth slowed to a crawl appeared first on Action Forex.