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UK Preliminary Services PMI jumps to 60.8 in February vs. 55.5 expected

  • UK Manufacturing PMI steadies at 57.3 in February, beats estimates.
  • Services PMI in the UK comes in at 60.8 in February, a big beat.
  • GBP/USD holds gains near 1.3635 on upbeat UK Preliminary PMIs.

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) steadies at 57.3 in February versus 57.2 expected and 57.3 – January’s final reading.

 

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