The services sector activity in the UK economy stalled its rebound and eased slightly in the month of September, but almost in line with the consensus forecast, a fresh report from Markit Economics showed on Wednesday. The services PMI dropped to 53.9 in September versus a 54.3 reading booked in August. Markets predicted 54.0 last month. Key Points: Job creation edges up to seven-month high. Higher fuel prices lead to sharp rise in input costs. Chris Williamson, Chief Business Economist at IHS Markit, which compiles the survey: “The service sector continued to report solid steady business growth in September which, alongside news of sustained expansions in both manufacturing and construction, suggests the UK economy expanded by just under 0.4% in the third quarter.” “The data therefore add to signs that the economy has enjoyed robust growth since the rocky start to the year when extreme weather disrupted business.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan-US trade talks to shape the future of global trading system – Nomura FX Street 4 years The services sector activity in the UK economy stalled its rebound and eased slightly in the month of September, but almost in line with the consensus forecast, a fresh report from Markit Economics showed on Wednesday. The services PMI dropped to 53.9 in September versus a 54.3 reading booked in August. Markets predicted 54.0 last month. Key Points: Job creation edges up to seven-month high. Higher fuel prices lead to sharp rise in input costs. Chris Williamson, Chief Business Economist at IHS Markit, which compiles the survey: "The service sector continued to report solid steady business growth in September which,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
