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UK PMI Composite Hits Eight-Month High as Hiring Returns After Two Years

Reported · Written up by our desk · Major Pairs

UK private-sector activity accelerated in October, with PMI Composite rising from 52.0 to 53.1, its highest reading in eight months and the fourth consecutive month of expansion. PMI Services improved from 52.1 to 53.1, while PMI Manufacturing increased from 51.9 to 52.8, both exceeding market expectations. Manufacturing output also strengthened from 51.5 to 53.1, marking […] The post UK PMI Composite Hits Eight-Month High as Hiring Returns After Two Years appeared first on ActionForex .

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