UK Markit/CIPS PMI: sector industry experience slight expansion

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Source: mninews
© Scanpix/AP

UK Markit/CIPS PMI indicates a negligent growth of the service industry in November with the index increased to 52.1 from 51.3 in October. The indicator also signals on stagnating economy in the last quarter of 2011 and indicates that the pace of losing jobs is accelerating in the last 15 months, according to Markit.

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