U.K. Services PMI slowed down to 53.8 in February…
The Markit/CIPS reported today that service sector PMI reached 53.8 in February, down from 56.0 in January.
Purchasing Managers’ Index remains in expansion area but economists estimated only 1.0 point decline for February.
The research group Markit informed that PMI in services area recorded a growth in every month since January 2011.