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.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.