US EditionUK Private Sector Growth Slows Due to Business Caution Ahead of Budget
The S&P Global flash PMI dropped to 50.5 in November, signaling stalled growth as consumer caution and Budget tax rise fears reduce spending, experts said.
7 Articles
7 Articles
UK Private Sector Growth Slows Due to Business Caution Ahead of Budget
Growth in the UK’s private sector has slowed as businesses and customers braced for the Budget, according to new figures. The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 50.5 in November, slipping from 52.2 in October. The flash figures are based on preliminary data. Any score above 50.0 indicates that activity is growing while any score below means it is contracting. Nevertheless, they were weaker than w…
UK S&P Global Composite PMI fell sharply to 50.5 in November vs. 52.2 prior
The private sector activity in the United Kingdom (UK) economy expanded at a softer-than-expected pace in November. The S&P Global Composite Purchasing Managers' Index (PMI) has come in lower at 50.5, compared to estimates of 51.8 and October’s final reading of 52.2.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
