UK's services PMI reached 54.0 last month

Note: This section contains information in English only.
Source: Marketwatch

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 Markit.

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