Thu, 05 Jan 2012 16:13:04 GMT
UK's services PMI reached 54.0 last month
UK's services sector grew more than expected in December.
The services PMI increased to 54.0 last month from 52.1 in the preceding month,
hitting five-month high. Analysts expected the figure to rise to 51.6. Services
sector increased by 0.3% approaching 0.4% in Q4, lower than 0.7% in Q3. The
increase is inspiring, taken the recession in the Euro Zone, said Chris
Williamson, chief economist at