UK PMI composite finalized at 13.8, suggest -7% GDP contraction in Q2 or more

<p>UK PMI Services was finalized at 13.4 in April, down from March’s 34.6. The data indicated a contraction in the service sector activity on an unprecendented scale since survey started in July 1996. PMI Composite was finalized at 13.8, down from March’s 36.0. That’s by far the lowest recorded since the series began in 1998. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/292484-uk-pmi-composite-finalized-at-13-8-suggest-7-gdp-contraction-in-q2-or-more/">UK PMI composite finalized at 13.8, suggest -7% GDP contraction in Q2 or more</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>