The UK's Growth Boom Is Grinding Into A Lower Gear
Nov 5, 2014, 15:10 IST
The UK's services PMI (a common measure of business activity) dropped to 56.2 in October. That's still well above the neutral 50 level, suggesting decent growth.
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But it's also a 17 month low for the UK's biggest sector (by far) and a solid sign that the country is moving into a more moderate growth pattern.
