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UK economy slowing after strong end to 2016
Markit/CIPS Services Purchasing Managers' Index rises to 3-month high of 55.0 in March from 53.3 in February
Add BT as a preferred sourcePublished Wed, Apr 5, 2017 · 09:50 PM
London
BRITAIN'S economy has probably slowed from its strong growth of late last year, and a cooling jobs market and hefty price increases will become increasingly apparent as Brexit gets underway, according to a survey published on Wednesday.
The Markit/CIPS Services Purchasing Managers' Index (PMI), a closely watched gauge of Britain's services industry, rose to a three-month high of 55.0 in March from 53.3 in February.
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