UK Services PMI Expands to Three-Month High and Signals Market Shifts
The UK’s services sector witnessed a steady expansion in January, with the Services Purchasing Managers’ Index (PMI) climbing to 51.2, slightly surpassing December’s 51.1. This marks the highest level recorded in three months, indicating a modest recovery in the sector despite ongoing economic uncertainties. The PMI, which measures business activity in services such as finance,