For the third time in a row, the UK's final services PMI remains in contraction

The services sector reported a downturn in November, which is the third month in a row without expansion, due to the uncertainty around the forthcoming UK general election and Brexit as a whole. As a norm that reflects contraction, a number below 50 is taken. The Purchasing Manager Index (PMI) for the United Kingdom services sector held fixed at 49.3 in November.

IHS Markit Estimates UK Final Services PMI At 49.3 In November, accordi....