UK PMIs beats expectations but inflation readings weak

By Thomas Belayneh A jam-packed week for updates on the state of inflation and economic activity for the UK economy revealed a still weak picture, although a marginal improvement on the dire readings of April. The services PMI (released by IHS Markit) revealed a reading of 27.8 versus market expectations for 25, while the manufacturing

Week ahead: UK Inflation, Retail Sales and PMIs due

By Thomas Belayneh This week’s schedule is jam-packed with updates on important indicators for investors in the UK. Key readings on CPI (Wednesday 20th), Services, Manufacturing and Composite PMI (Thursday 21st) and Retail Sales (Friday 22nd) are due. Taking consumer price inflation first, it will be intriguing to see how food price inflation affects the

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