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ShreeMetalPrices: UK Services PMI drops to 55.1 in May

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According to official data released on Tuesday, service sector growth in the UK decreased previous month more than was anticipated. The Chartered Institute of Purchasing & Supply and the National Trade Certificate Economics reported that. UK Purchasing Managers Index (PMI)

The United Kingdom’s Services Purchasing Managers Index (PMI) decreased from 55.9 in the previous month to a seasonally adjusted annual rate of 55.1.

Analysts had anticipated a decrease in the United Kingdom’s Services Purchasing Managers Index to 55.5 previous month.

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