UK PMI services finalized at 49.5, shallow downturn persists

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<p>UK PMI Services index was finalized at to 49.5 in October up fractionally from 49.3 in September, lingering in contraction territory for the third consecutive month. PMI Composite showed a minor improvement to 48.7 from an 8-month nadir of 48.5 Economics Director at S&P Global Market Intelligence, Tim Moore, highlighted, “A shallow downturn in UK […]</p>
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