U.K. service sector expansion slowed amid rainy weather in January

Source: Investing.com
© Scanpix/Reuters
Activity in the service industry of the United Kingdom expanded further in January of this year, although the growth rate decreased slightly amid extremely rainy weather in the country. Moreover, analysts say that the correction is also possible due to strong growth some time ago. The benchmark PMI Index slipped to 58.3 points versus 58.8 in December, while analysts predicted it to reach 59 points.
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