ECONOMICS COMMENTARY
Jan 06, 2014
UK PMI surveys signal strong end to 2013
Further strong economic growth was signalled by the Markit/CIPS PMI surveys in December, rounding off the best quarter of growth since the data were first available back in 1998. The weighted average of the Output Indices from the three PMI surveys fell for a second month, down from 60.4 in November to a five-month low of 59.5, indicating a further easing in the pace of growth compared to October's all-time high, but remained elevated by historical standards.
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