UK PMI services finalized at 49.5, faltering growth and sticky inflation

<p>UK PMI Services was finalized at 49.5 in August, down from July’s 51.5, and represents the lowest level since January. Furthermore, PMI Composite was finalized at 48.6, down from 50.8 in July, indicating the first contraction since the start of the year. Tim Moore, Economics Director at S&P Global Market Intelligence, elaborated on the concerning […]</p>
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