Domestic services PMI drops to 60.6 in Feb
February data highlights a notable upturn in demand across the service sector, with inflows of new business expanding for the thirty-first month running.
February data highlights a notable upturn in demand across the service sector, with inflows of new business expanding for the thirty-first month running.
Despite falling from April level, the latest reading is still the second-strongest rate of growth in just under 13 years.
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
In January, the services PMI stood at 57.2, whereas it was 58.5 in December.