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This is a discussion on GBP News within the Analytics and News forums, part of the Trading Forum category; UK service sector activity expanded at the fastest pace in eight months in June on robust new work, raising scope ...

          
   
  1. #311
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    UK Service Sector Growth At 8-Month High

    UK service sector activity expanded at the fastest pace in eight months in June on robust new work, raising scope for a near-term rate hike by the Bank of England. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index improved to 55.1 in June from 54.0 in May, survey data showed Wednesday. Economists had forecast the index to remain unchanged at 54.0.

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    UK Industrial Production Falls Unexpectedly

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    UK industrial production decreased for the third straight month in May, defying economists' forecast for an increase, figures from the Office for National Statistics showed Tuesday.

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