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RSS FeedsLagarde, Georgieva, Mnuchin and Thunberg in Davos; UK economy returns to growth - live updates
(The Guardian Business News)

 
 

24 january 2020 10:50:27

 
Lagarde, Georgieva, Mnuchin and Thunberg in Davos; UK economy returns to growth - live updates
(The Guardian Business News)
 


Rolling coverage of the latest economic and financial news, including the final day of the World Economic Forum in Davos 9.35am GMT Some instant reaction to the PMIs:Good News! The UK Composite PMI shows that the UK economy returned to growth in January #GDP https://t.co/8UUYT0jDSFFlash January #UK #services & #manufacturing #PMI indicates marked return to growth. Overall output index up to 16-month high of 52.4 (49.3 in Dec). Services PMI at 16-month high of 52.9 (50.0). Manufacturing contraction marginal as PMI up to 9-month high of 49.8 (47.5) 9.32am GMT Newsflash: The UK economy has returned to growth this month.Thatīs a sign that confidence is rising following Decemberīs election, making an interest rate cut next week less likely.UK Markit Services PMI Jan P 52.9 (est 51.1; prev 50.0)-UK Markit Manufacturing PMI Jan P 49.8 (est 48.8; prev 47.5)-UK Markit Composite PMI Jan P 52.4 (est 50.7; prev 49.3)UK January flash manufacturing PMI 49.8 vs 48.8 expected https://t.co/pPVy3XUhRK Continue reading...


 
52 viewsCategory: Business
 
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