UK services PMI suffers biggest drop in a decade September 5, 2011 Activity in the UK’s dominant services sector slowed at the fastest pace in a more than a decade last month, and firms’ confidence in future business weakened to a one-year low, new data shows. The Markit/CIPS services purchasing managers’ index (PMI) fell to 51.1 in August from 55.4 in July. This was the second-biggest fall [...]
UK services PMI suffers biggest drop in a decade September 5, 2011 Activity in the UK’s dominant services sector slowed at the fastest pace in a more than a decade last month, and firms’ confidence in future business weakened to a one-year low, new data shows. The Markit/CIPS services purchasing managers’ index (PMI) fell to 51.1 in August from 55.4 in July. This was the second-biggest fall [...]
UK construction PMI weaker than expected May 4, 2011 Activity in Britain’s construction sector slowed more than expected last month, a survey of purchasing managers by Markit/CIPS showed. The Markit/CIPS headline construction PMI index fell to 53.3 in April from 56.4 in March. Economists had expected a more modest slowdown in the index to 55.5. Both the housing and civil engineering sub-industries registered weaker [...]
Manufacturing PMI at 7-month low May 3, 2011 Manufacturing activity grew less robustly than expected in April, at its weakest pace in 7 months, and a sharp slowdown in new orders cast a cloud over what has been a rare bright spot in the economy. The Markit/CIPS manufacturing PMI headline index, published on Tuesday, fell to 54.6 in April, its lowest since September, [...]