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UK Private Sector Contracts Marginally In February

Posted by: Top News Editor in Forex News 12 days ago

The UK private sector output contracted only marginally in February reflecting a near-stabilization in services activity amid continuing recovery in manufacturing, a closely watched survey showed on Friday. The IHS Markit/Chartered Institute of Procurement & Supply flash composite output index climbed more-than-expected to 49.8 in February from 41.2 in January.
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