PMI Shows Services Sector Expands for First Time Since August 2001
Following four consecutive months of contraction, January;s survey recorded a modest expansion of activity within the UK private service sector economy. The seasonally adjusted Business Activity Index recorded 51.4 up from 49.4 in December and for the third month running from October’s “September 11” related series low, as incoming new business and business confidence both continued to improve.
January- Purchasing Managers’ Survey for Services
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