U.K. | 6 June 2017 May Services PMI Dents Second Quarter Rebound Hopes
The fall in the services PMI to 53.8 in May, from 55.8 in April, is a setback for hopes that the slowdown in GDP growth in Q1 will be fleeting. Both business activity and orders rose at their slowest rates since February.
Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.
By Samuel Tombs
The fall in the services PMI to 53.8 in May, from 55.8 in April, is a setback for hopes that the slowdown in GDP growth in Q1 will be fleeting. Both business activity and orders rose at their slowest rates since February.
Posted: 5th Jun 2017 in 'U.K.'
You are here: Home » Publications » U.K. » 6 June 2017 May Services PMI Dents Second Quarter Rebound Hopes
PMI, GDP Growth, elections, Lloyds, cbi, retail sector, distributive trade survey, industrial production, construction output, sterling, consumer price inflation, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, independent macroeconomic researcj, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance, macro, macro research, independent macro research