UK July final services PMI 52.5 vs. 52.4 prelim ...Middle East

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UK July final services PMI 52.5 vs. 52.4 prelim
Final Manufacturing PMI 52.5 vs. 52.4 prelim and 52.1 prior.Final Composite PMI 52.8 vs. 52.7 prelim and 52.3 prior.Key findings:Demand for UK services rises at fastest pace since May 2023. Business confidence rebounds to five-month high. Price pressures remain strong.Comment:Joe Hayes, Principal Economist at S&P Global Market Intelligence said: "With the general election period coming to an end at the start of July, survey data for last month showed the UK service sector enjoyed a modest rebound after a fairly subdued end to Q2. The Business Activity Index crept up only slightly, but the New Business Index jumped by over three points to its highest level in 14 months as firms reported an in

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