FOREX TradingCharts.com

Financial News: UK Services Growth Eases To 3-Month Low

UK Services Growth Eases To 3-Month Low

08/03/2018 - 04:52:00 (RTTNews)

(RTTNews) - British service sector growth eased more-than-expected in July to the weakest level in three months, survey data from IHS Markit showed Friday.

The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index dropped to 53.5 in July from 55.1 in June. The index was forecast to drop to 54.7.

However, any reading above 50 indicates expansion in the sector.

Growth in new orders moderated in July and was softer than seen on average over this period.

Panelists revealed that delayed decision-making and greater risk aversion among clients in response to Brexit uncertainty had held back new business growth in July.

Service providers raised their employment levels at the weakest rate for almost two years in July amid tight labor market conditions and rising wage pressures.

On the price front, input price inflation remained strong in July, but eased from June's nine-month high. Selling prices also increased at a solid pace.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Leading Economic Index Climbs More Than Expected In July (10 hr(s), 16 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Friday showed a bigger than expected incr ...Full Story»

U.S. Consumer Sentiment Unexpectedly Drops Amid Inflation Concerns (10 hr(s), 23 min(s), 57 sec(s) ago)
(RTTNews) - Partly reflecting concerns about inflation, the University of Michigan released a repo ...Full Story»

Poland's Average Gross Wages Rise Less Than Forecast (12 hr(s), 14 min(s), 57 sec(s) ago)
(RTTNews) - Poland's average gross wages increased less-than-expected in July, figures from St ...Full Story»

Croatia's Inflation Slows In July (12 hr(s), 32 min(s), 57 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation slowed in July, figures from the Croatian Burea ...Full Story»

Turkey Retail Sales Growth Weakest In 8 Months (12 hr(s), 58 min(s), 57 sec(s) ago)
(RTTNews) - Turkey's retail sales grew at the slowest pace in eight months in June, the Turkis ...Full Story»

Italy June Current Account Surplus Rises (13 hr(s), 04 min(s), 57 sec(s) ago)
(RTTNews) - Italy's current account surplus for June increased from a year ago, data from the ...Full Story»

Hong Kong Jobless Rate Remains Stable (13 hr(s), 42 min(s), 57 sec(s) ago)
(RTTNews) - Hong Kong unemployment rate remained stable during May to July, the Census and Statist ...Full Story»

Taiwan's GDP Growth Rises In Q2 (14 hr(s), 14 min(s), 57 sec(s) ago)
(RTTNews) - Taiwan's economic growth improved in the second quarter, preliminary estimate from ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Climbs More Than Expected In July

08/17/2018 - 10:19 AM (RTTNews)
(RTTNews) - A report released by the Conference Board on Friday showed a bigger than expected incr ...Full Story>>

U.S. Consumer Sentiment Unexpectedly Drops Amid Inflation Concerns

08/17/2018 - 10:12 AM (RTTNews)
(RTTNews) - Partly reflecting concerns about inflation, the University of Michigan released a repo ...Full Story>>

Poland's Average Gross Wages Rise Less Than Forecast

08/17/2018 - 08:21 AM (RTTNews)
(RTTNews) - Poland's average gross wages increased less-than-expected in July, figures from St ...Full Story>>

Croatia's Inflation Slows In July

08/17/2018 - 08:03 AM (RTTNews)
(RTTNews) - Croatia's consumer price inflation slowed in July, figures from the Croatian Burea ...Full Story>>

Turkey Retail Sales Growth Weakest In 8 Months

08/17/2018 - 07:37 AM (RTTNews)
(RTTNews) - Turkey's retail sales grew at the slowest pace in eight months in June, the Turkis ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.