Home UK: Services PMI prints 50.0 for December – TDS
FXStreet News

UK: Services PMI prints 50.0 for December – TDS

Analysts at TD Securities note that the UK services PMI for December was revised from 49.0 to 50.0.

Key Quotes

“The surveys that came in late and didn’t make it into the initial estimate may have been completed post-election, and would reflect the kind of bounce we could see in the January data.”

“Although it’s worth noting that the manufacturing PMI released on the 2nd was actually revised down 0.1pts (to 47.5), so is likely affected by global weakness more than election uncertainty.”

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.