Wednesday, January 6, 2016

U.K. services PMI falls to 55.5 in December



© Reuters. U.K. services PMI falls more than forecast in December

Investing.com – U.K. service sector activity expanded at a slower rate than expected in December, dampening optimism over the health of the economy and dimming the case for higher interest rates, industry data showed on Wednesday.


In a report, market research group Markit said the seasonally adjusted fell to 55.5 last month from a reading of 55.9 in November. Analysts had expected the index to dip to 55.6…



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U.K. services PMI falls to 55.5 in December

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