UK services sector activity beats expectations in September

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UK services sector activity beats expectations in September

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10-05-2010, 10:50 AM

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UK services sector activity beats expectations in September

Activity in the UK’s closely-watched service sector picked up in September from a 16-month low. The latest index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI climbed to 52.8 in September, from 51.3 the previous month, beating expectations of a reading of 51. However, the index remains above the crucial 50 level, which [...]

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