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UK Preliminary Services PMI rises to 53.3 in August vs. 52.8 expected

FXStreetAug 22, 2024 8:31 AM
  • UK Services PMI edges higher to 53.3 in August, beats estimates.
  • Manufacturing PMI in the UK climbs to 52.5 in August.
  • GBP/USD keeps gains at around 1.3100 after mixed UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) improved from 52.1 in July to 52.5 in August. Markets had expected a 52.1 print.

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