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UK: Services PMI likely to remain unchanged at 52.2 in November – TDS

Analysts at TD Securities are looking for the UK’s November Services PMI to remain unchanged at 52.2 (mkt: 52.5).

Key Quotes

“Last month’s survey noted weak consumer spending as a driving factor of the decline, and we don’t see any clear signs of a trend reversal in November. The BoE’s FPC minutes are released, and are reported provide un-redacted minutes of previous discussions on Brexit.”

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