December 9, 2022

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UK July flash services PMI 57.8 vs 62.0 expected

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Latest data released by Markit/CIPS – 23 July 2021

  • Prior 62.4
  • Manufacturing PMI 60.4 vs 62.5 expected
  • Prior 63.9
  • Composite PMI 57.7
  • Prior 62.2

UK business activity miss on expectations and decline quite considerably from June as firms widely report that staff and raw materials shortages dampened conditions, hindering the recovery pace after the reopening in April.
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