Services PMI in the United Kingdom decreased to 49.50 points in August from 51.50 points in July of 2023. Consensus estimate at 48.7. This is the lowest reading since January.
Marginal declines in output and new work.
Sharpest reduction in backlogs since June 2020.
Prices charged inflation eases to a two-year low.
Composite PMI decreased to 48.60 points in August from 50.80 points in July of 2023.
ETFs: (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB).
Currency: (GBP:USD)
