Arab Today, arab today britain\s services growth remains
Last Updated : GMT 21:53:08
Arab Today, arab today
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*

Arab Today, arab today britain\s services growth remains Arab Today, arab today britain\s services growth remains

 



Arab Today, arab today

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*

Arab Today, arab today britain\s services growth remains Arab Today, arab today britain\s services growth remains

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday