UK October final services PMI 52.0 vs 51.8 prelim ...Middle East

Prior 52.4Composite PMI 51.8 vs 51.7 prelimPrior 52.6Services activity continues to see slowing momentum in October, with the weakest rise in business activity since November last year. Adding to that, employment conditions showed a fall for the first time this year. So, that is something that the BOE might want to take note of in terms of labour market developments moving forward. S&P Global notes that:"October data signalled another slowdown in output growth across the service sector as heightened business uncertainty and concerns about the general UK economic outlook had an adverse impact on demand conditions. "The latest expansion of service sector activity was the weakest since November

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UK October final services PMI 52.0 vs 51.8 prelim ...Middle East

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