3 Mar 2022
UK Final Services PMI revised down to 60.5 in February
- UK Final Services PMI downwardly revised to 60.5 in February.
- GBP/USD remains below 1.3400 on the downbeat UK data.
- Eyes on US Jobless Claims, ISM Services PMI ahead of Russia-Ukraine peace talks.
The UK services sector activity expanded less than expected in February, the final report from IHS Markit confirmed this Thursday.
The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised lower to 60.5 in February versus 60.8 expected and a 60.8 – last month’s flash reading.