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Lloyds add a little more on the UK PMI figure....>

UK
UK: Lloyds add a little more on the UK PMI figure. Lloyds write that the
services PMI is likely underestimating the overall level of activity, "given
that the PMI does not capture trends in retail or the public sector. Arguably,
these are the two areas of the broad sector that have benefited the most from
the further lowering in restrictions in June"
- This reinforces comments from Markit who stated that Business services
dominate the service sector if retail is excluded.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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