Uk services pmi september 2020
The UK services PMI was 53.2 in February 2020, down slightly from 53.9 in January. This is its second highest level since September 2018. Markit/CIPS found that service companies were experiencing “a boost from receding political uncertainty and strong domestic economic conditions.” The IHS Markit US Services PMI was confirmed at 49.4 in February 2020, down from the previous month's 53.4, pointing to the steepest contraction in the sector in over six years. New business rose at only a fractional rate due to the largest drop in new business from abroad since last November, with customers holding back from placing orders amid global economic uncertainty and the coronavirus UK Services PMI News, up further signs of a January economic rebound Wednesday when the IHS Markit PMI was revised to its highest level since September 2018 although the path ahead is littered