Tue, 05 Aug 2014 12:19:08 GMT
U.K. services PMI data beats expectations
Britain's
service sector activity grew rapidly in July,
providing positive signs over the U.K. economic outlook. The services
PMI jumped to 59.1, well ahead of the expected 57.9. The
analysts forecast 0.8% growth in GDP if the service sector activity
develops at the same pace in the upcoming months.