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1st Sep 2016 04:21U.K., Economic Monitor

The Markit/CIPS PMIs for August, slated for release over the next three business days, will be closely watched. They have provided the most resounding indication, so far, that Britain is heading for a recession. In July, the composite PMI--comprised of the manufacturing and services indices--fell to 47.5, from 52.4 in June, its biggest month-to-month fall since records began in 1998.

pmi pmis cbi manufacturing sterling markit cips gdp e.u. trade

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Keywords for: 1 September. 2016 The Case for a Bounce-Back in the PMIs is Unconvincing

pmi, pmis, cbi, manufacturing, sterling, markit, cips, gdp, e.u., trade,