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16 Dec 2021

UK Preliminary Manufacturing PMI eases to 57.6 in December vs. 57.6 expected

  • UK Manufacturing PMI drops as expected to 57.6 in December.
  • Services PMI in the UK misses estimates with 53.2 in Dec.
  • GBP/USD holds gains near 1.3300 on mixed UK Preliminary PMIs.

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) worsened to 57.6 in December versus 57.6 expected and 58.1 – November’s final reading.

Meanwhile, the Preliminary UK Services Business Activity Index for December slumped, arriving at 53.2 versus November’s final readout 58.5 and 57.0 expected.

 

developing story ....

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