ECONOMICS COMMENTARY
Mar 05, 2013
UK Services PMI upturn puts economy on course for marginal growth in first quarter
Worries about a triple-dip recession in the UK have been softened as service sector companies reported the strongest upturn in business activity for five months in February. The faster growth of the dominant services sector offset downturns in the far smaller manufacturing and construction sectors during February, meaning the economy is likely to have grown for a second successive month after the downturn late last year.
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