UK Service Sector Expands Most In 6 Months On Strong Orders

The UK service sector expanded at the strongest pace in six months in October, largely driven by improved order books and client demand, survey data from IHS Markit showed Friday. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers’ Index rose unexpectedly to 55.6 in October from 53.6 in September. The reading was expected to drop to 53.3.

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