UK Preliminary Services PMI improves to 52.4 in July vs. 52.5 expected

Source Fxstreet
  • UK Services PMI rises to 52.4 in July, misses estimates.
  • Manufacturing PMI in the UK climbs to 51.8 in July.
  • GBP/USD keeps losses below 1.2900 after mixed UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) improved from 50.9 in June to 51.8 in July. The market forecast was for 51.1.

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