Prior 50.9Manufacturing PMI 46.4 vs 47.5 expectedPrior 47.2Composite PMI 51.7 vs 50.9 expectedPrior 50.7This is a contrast to the euro area data from earlier, as the UK economy is seen picking up further towards the end of the year. Overall activity is bolstered by the services sector once again as manufacturing activity remains in contraction territory for now. On the inflation front, input prices were seen rising to their highest since August while output charges are also seen increasing with little sign of a slowdown since the summer. S&P Global notes that:“The UK economy continues to dodge recession, with growth picking up some momentum at the end of the year to suggest that GDP stagnate
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