UK economy lost more momentum in August, PMI survey shows

Capt. John

Britain’s economic recovery from the COVID-19 pandemic lost more momentum last month than originally estimated as staff shortages and supply chain issues weighed on companies in the country’s huge services sector, a survey showed on Friday. The IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) fell to 55.0 in August, revised lower from a preliminary …

The post UK economy lost more momentum in August, PMI survey shows first appeared on Hellenic Shipping News Worldwide.

Author: Capt...

https://www.hellenicshippingnews.com/uk-economy-lost-more-momentum-in-august-pmi-survey-shows/

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