UK PMI survey shows sharpest business slowdown in 7 months

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.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

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 ...
แหล่ง: SaltWire Network - 🏆 45. / 63 อ่านเพิ่มเติม »

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 ...
แหล่ง: SaltWire Network - 🏆 45. / 63 อ่านเพิ่มเติม »