Pantheon Macroeconomics - The rise in the Markit/CIPS services PMI to a nine-month high of 51.4 in July, from 50.2 in June, isn't a game-changer, though it does provide some reassurance that the economy isn't on a downward spiral.

U.K. | 6 Aug 2019 The PMIs Are Consistent With a Fragile--Not Flatlining--Economy
The rise in the Markit/CIPS services PMI to a nine-month high of 51.4 in July, from 50.2 in June, isn't a game-changer, though it does provide some reassurance that the economy isn't on a downward spiral.

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6 Aug 2019 The PMIs Are Consistent With a Fragile--Not Flatlining--Economy

By Samuel Tombs

The rise in the Markit/CIPS services PMI to a nine-month high of 51.4 in July, from 50.2 in June, isn't a game-changer, though it does provide some reassurance that the economy isn't on a downward spiral.

Posted: 5th Aug 2019 in 'U.K.'

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