UK PMI services finalized at 29.0, deep cuts to corporate spending a major dragging factor

<p>UK PMI Services was finalized at 29.0 in May, up from April’s 13.4. PMI Composite was finalized at 30.0, up from April’s record low of 13.8. Markit said new works slumped amid cutbacks to business and consumer spending. Employment remains on sharp downward trajectory. Business expectations, however, rise again from March’s record low. Tim Moore, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/300332-uk-pmi-services-finalized-at-29-0-deep-cuts-to-corporate-spending-a-major-dragging-factor/">UK PMI services finalized at 29.0, deep cuts to corporate spending a major dragging factor</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>