Prior 54.3.
U.K. Remaining Companies PMI prints beneath expectations at 53.8 vs 54.3.
UK Composite PMI Remaining prints at 53 decrease than forecast 53.3, prior 53.3.
U.K. service suppliers noticed an enchancment in enterprise exercise in February fueled by progress in new orders and a slight rise in employment numbers.
Whereas the index printed barely beneath expectations at 53.8, it’s nonetheless increased than it was at any level through the second half of final 12 months. The expansionary territory above 50.0 exhibits there was a rebound in enterprise exercise after final autumn’s downturn.
The GBP/USD noticed a modest response.
Extra info here.
