U.K. Services PMI slowed down to 53.8 in February…

Monday, 5 March 2012 12:29

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.