Free Trial

MNI UK DATA SURVEY: January UK Markit/CIPS Services PMI

MNI (London)
By Jamie Satchithanantham
     LONDON (MNI) - The UK IHS Markit/CIPS Services PMI, the third and final
instalment of the economy's monthly healthy check, is expected to come in
broadly in line with the result registered in December. It is due out Monday at
0930 GMT. 
     While three analysts see the sector having ran at a faster pace in January,
five thought the pace of activity slowed. Should the majority prove correct, it
would mean all three sector PMI's would have started the year on softer note. 
     As such, the median outturn of the analysts forecasts points to January
result of 54.0, marginally down from December's 54.2.
-------------------
                Jan
           Services
                PMI
              Index
Date Out     05-Feb
Median         54.0
High           54.7
Low            53.5
Std Dev         0.4
Count             8
Prior          54.2
Capital        54.7
C Suisse       54.5
Commerz        54.5
Investec       54.0
Nomura         54.0
Oxford         54.0
RBC            53.8
UniCredit      53.5
--MNI London Bureau; +44 203-586-2226; email: jamie.satchithanantham@marketnews.com
[TOPICS: MTABLE,MABDA$,MABDT$,M$B$$$,M$E$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.