Home UK: Better than expected services PMI data – TDS

UK: Better than expected services PMI data – TDS

Published date: 5 Jun. 2019 | 12:07

Analysts at TD Securities note that the UK services PMI rose to a better-than-expected 51.0 in May.

Key Quotes

“The report showed a marginal rise in services output, the first rise in new orders in 5 months, and a strong rebound in staffing levels. Growth expectations continue to be held back by political uncertainty.”

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