Business activity in the UK services sector deteriorated significantly in January compared with the previous month, reflecting a decrease in demand and a decrease in the volume of orders.
Index PMI, reflects the dynamics of business activity in this sector amounted to 54.5 points in January compared to 56.8 points in the previous month and forecast a decline to 56.6 points.
Recall that the index value PMI above 50 points indicates the improvement of economic conditions, lower - to their deterioration.
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