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UK Service Sector Growth Moderates In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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British service sector growth remained strong in September, but the pace of expansion eased moderately since August, survey data from IHS Markit showed Wednesday.

The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index dropped to 53.9 in September from 54.3 in August. The score was also below the forecast of 54.0.

However, any reading above 50 indicates expansion in the sector.

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