- Wednesday, 03 August 2016
- News
UK Services PMI at the lowest level since March 2009
The UK service sector registered a fall in business activity in July, according to the latest PMI survey data from IHS Markit and CIPS. Output and new business both declined for the first time in over three-and-a-half years, and at the fastest rates since early-2009. Consequently, employment in the sector was unchanged since June, ending a three-and-a-half-year period of uninterrupted job creation. The 12-month outlook for activity weakened sharply to the lowest since February 2009, linked to uncertainty regarding ‘Brexit’.
Read more...- Monday, 01 August 2016
- News
UK Manufacturing PMI remains below 50.0 level
The UK manufacturing sector started the third quarter on a weaker footing. Levels of production and incoming new orders both contracted, as the impact of increased business uncertainty on the domestic market offset an exchange rate supported increase in new export business. At 48.2 in July, down from 52.4 in June, the seasonally adjusted Markit/CIPS Purchasing Managers’ Index fell to its lowest level since February 2013. The reading was also below the earlier flash estimate of 49.1.
Read more...- Thursday, 09 June 2016
- News
UK Goods Trade Balance deficit narrowed to £3.3 billion
- Tuesday, 07 June 2016
- News
UK annual house price growth unchanged at 9.2%
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