The activity of the British economy is at a ten-month high

By: Trademagazin editor Date: 2022. 04. 05. 11:20

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Ten-month highs in the British economy’s final activity indicators, released on Tuesday, reached a ten-month high, indicating that the Russia-Ukraine war had not yet slowed down the performance of Europe’s largest non-EU economy by the end of the first quarter. However, the mood in the business sector has deteriorated markedly over the past month.

British economic activity tops ten-month high

Seasonally Composite Purchasing Managers’ Index (PMI) for the UK manufacturing and services sectors in March It rose to 60.9 from 59.9 in February. (MTI)