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UK PMI release highlights: - Output growth now...>

UK
UK: UK PMI release highlights:
- Output growth now at a five-year high - "Some reports that clients had started
to take a more long-term view when considering their spending plans."
- Nonetheless, business capacity remains limited, with operating costs higher
due to COVID mitigation efforts.
- Employment numbers continued to fall "sharply" with job shedding accelerating
from the prior month.
- Markit Chief Econ concludes: "while businesses grew more optimistic about the
year ahead, a V-shaped recovery is by no means assured. "
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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