- Sky News•16 days ago
The authors of the Markit (NasdaqGS: MRKT - news) /CIPS purchasing managers index (PMI) predicted GDP growth of 0.5% was achieved during the final quarter after its final survey for December pointed to a "buoyant" services sector. The PMI (Other OTC: PMIR - news) reading for services, which accounts for more than 75% of UK output, hit a 17-month high of 56.2. Markit's all-sector PMI, which also takes in readings from manufacturers and construction firms, rose to its highest level for 17 months after all three reports easily beat the expectations of economists.
- Reuters - UK Focus•16 days ago
Traders were also digesting news from late on Wednesday that a senior career diplomat, Tim Barrow, had been appointed as envoy to the European Union after the previous ambassador had suddenly quit and criticised the government's Brexit plans. The pound tumbled 16 percent against the dollar and 14 percent against the euro in 2016, its worst annual performance in eight years, with the bulk of those falls coming after Britain voted on June 23 to leave the European Union.
- AFP•17 days ago
The 1.1% inflation figure for December was nearly double the 0.6 percent in November and edges inflation closer to the European Central Bank's target of 2.0 percent as a fragile economic recovery continues...
PMIR: Summary for PMI GROUP INC COM USD0.01 - Yahoo Finance
The PMI Group, Inc. (PMIR)
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