UK manufacturing and service sectors grow in December

Economies.com
2020-01-24 10:20AM UTC

The British market revealed today its flash reading for the manufacturing and service sector in December, which grew more than expected.

 

The manufacturing PMI grew to 49.8 points, beating estimates of 48.8 points, but the reading is still below 50 points, which shows the need for more growth.

 

And the services PMI grew to 52.9 points in December vs. 50 in November, beating forecasts of 51.1.

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