UK PMI survey shows sharpest business slowdown in 7 months

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Market News

LONDON, Sept 5 - Business activity in Britain's services sector fell last month for the first time since January as higher interest rates reduced consumer and corporate demand, a survey showed on Tuesday, although the drop was less than initially estimated.

"Service providers saw customer spending reverse course during August as higher borrowing costs, subdued business confidence, and stretched household finances all acted to curtail sales opportunities," Tim Moore, economics director at S&P Global, said on Tuesday. Earlier on Tuesday, Barclays reported a slowdown in consumer spending growth in August, which it said was partly due to unusually wet summer weather as well as the broader cost-of-living squeeze.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 13. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

UK PMI survey shows sharpest business slowdown in 7 monthsBy David Milliken LONDON (Reuters) - Business activity in Britain's services sector fell last month for the first time since January as higher interest ...
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »

UAE's non-oil business growth slows in August but confidence high-PMIDUBAI (Reuters) - Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace in six months, but business ...
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »