britain\s services growth remains
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Britain's services growth remains

Arab Today, arab today

Arab Today, arab today Britain's services growth remains

London - Arabstoday

Britain's service sector performed better than expected in June but growth was still not strong enough to generate jobs, a purchasing managers' survey showed on Tuesday. The Markit/CIPS headline services PMI index nudged up to 53.9 last month from a three-month low of 53.8 in May. That was above the 53.5 that economists had forecast but below its long-run average. Taken alongside data in the past week showing a drop in manufacturing growth and a subdued construction sector, the figures suggest Britain's recovery failed to gain traction in the second quarter. Chris Williamson, Markit's chief economist, predicted UK second-quarter GDP growth of 0.3 per cent at best, noting that services growth appeared to have slowed to 0.5 per cent, from 0.8 per cent in the first three months of the year. Article continues below "Worries over the impact of government austerity measures continue, and a number of panelists were pessimistic about economic conditions in general," the survey noted. The only bright spot was on the inflation front. Input prices and prices charged both increased at their slowest pace this year, providing hope that inflation in the broader economy — currently more than double the Bank of England's 2 per cent target — will start to ease. Britain's economy expanded by 0.5 per cent in the first three months of the year, a disappointing performance that only made up for the drop in the final three months of 2010. The details of the PMI survey painted a subdued picture. Employment was static, new business growth slowed and confidence slipped to its lowest since October.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britain\s services growth remains britain\s services growth remains

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britain\s services growth remains britain\s services growth remains

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday