UK services sector showed signs of slowing in November, with final PMI Services reading dropping to 50.8 from October’s 52.0, marking the weakest level in 13 months. Composite PMI similarly declined to 50.5 from 51.8, barely holding above the threshold for expansion. Tim Moore, Economics Director at S&P Global Market Intelligence, remarked that service providers […]

The post UK PMI services finalized at 50.8, growth stalls amid rising costs and gloomy outlook appeared first on Action Forex.