The UK service sector expanded at a slower pace in February largely due to negative impact on sales from the coronavirus outbreak, final survey data from IHS Markit showed Wednesday.
The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index dropped to 53.2 in February from 53.9 in January. The flash score was 53.3. This was the second-highest score since September 2018 and above the neutral 50 for the second straight month.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.