The small drop back in the services PMI in August could indicate that the weakness in some parts of the economy is starting to feed through into the services sector. However, the services PMI is still at a higher level than its counterparts for the manufacturing and construction sectors and we suspect it’s more likely to remain around this level rather than follow the other PMIs down.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.