UK Preliminary Services PMI slips to 51.8 in October vs. 52.2 expected
by Dhwani Mehta · FXStreet- UK Services PMI drops further to 51.8 in October, misses estimates.
- Manufacturing PMI in the UK fell to 50.3 in October.
- GBP/USD trims gains to near 1.2960 after UK business PMIs.
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to 50.3 in October from 51.5 in September. The data missed the market forecast of 51.4.
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