UK PMI Shows Inflation Pressures at 16 Month Low but Uncertainty Hinders Employment

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  • #49861
    Helmholtz Watson
    Participant

    The UK manufacturing and service sectors contracted for a fifth month in December S&P Global flash PMI indices show. We continue to see mostly mil
    [See the full post at: UK PMI Shows Inflation Pressures at 16 Month Low but Uncertainty Hinders Employment]

    #50119
    Truman
    Participant

    A survey conducted by KPMG indicates that two-thirds of UK consumers plan to reduce discretionary spending in 2023 because of rising costs, according to The Guardian.

    On a better note, CNBC reports that natural gas prices in Europe have fallen back to levels seen before Russia invaded Ukraine in February.

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