FILE PHOTO: People walk across Millennium Bridge with the City of London financial district seen behind, amid the coronavirus disease pandemic, in London, Britain, January 20, 2021. REUTERS/Hannah McKay
Two thirds of services firms, which have typically been hit hardest by the lockdowns, expected business to increase over the year ahead, the most positive reading since the end of 2006.
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The shift in percentage is just marginal compared to Feb and March. But lockdown relaxation and vaccination drive should bring in a significant change in economic growth.
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'However, the final reading was a little lower than a preliminary estimate of 56.6.' Another undershoot.
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Source: Reuters - 🏆 2. / 97 Read more »