UK PMI Manufacturing PMI slipped from 48.0 to 47.3, an 11-month low. Services PMI improved from 50.4 to 51.4. PMI Composite held steady at 50.5, signaling stagnation in overall economic activity. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, described a “triple whammy” facing businesses: stalled growth, declining employment, and renewed inflationary pressures. […]
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