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3 Sep 2014
A further increase in UK Services PMI - BNP Paribas
FXStreet (Łódź) - Catherine Stephan, economist at BNP Paribas, comments on the UK PMI Services data which increased in August against forecasts.
Key quotes
"In August, the CIPS/Markit activity index in service-producing industries further increased (to 60.5, after 59.1 in July)."
"Sustained growth in services and in construction sectors should offset the slowdown in activity growth in the manufacturing sector."
Key quotes
"In August, the CIPS/Markit activity index in service-producing industries further increased (to 60.5, after 59.1 in July)."
"Sustained growth in services and in construction sectors should offset the slowdown in activity growth in the manufacturing sector."