ECONOMIST VIEWS: WHAT DO YOU EXPECT FROM THE PMIS THIS WEEK?

JONATHAN LOYNES | CAPITAL ECONOMICS
"Services output is estimated to have risen by 0.9 per cent in the second quarter but the sharp drop in the business expectations balance in June suggests that the headline activity index could have fallen further in July."

DAVID PAGE | INVESTEC
"The manufacturing and services PMIs are likely to show mixed messages. Both are consistent with decent GDP growth in the UK but the pace of expansion is unlikely to be maintained in the third quarter."

PETER DIXON | COMMERZBANK
"The July manufacturing PMI is expected to dip slightly to 57 and, together with a services PMI figure of 55, would point to a solid start to third quarter activity, although at a slightly slower pace than the second quarter."