UK service sector expands significantly in October
UK service sector expands significantly in October
- CIPS News Release 5 November 2003 (3) .
The latest Chartered Institute of Purchasing and Supply's report on the UK services sector records in October the fastest rate of activity expansion since November 1999. The seasonally-adjusted "CIPS/Reuters business activity index" rose to 59.1 from 58.7 in September, highlighting the strong turnaround in the sector following the subdued growth period during the first half of 2003. Both levels of incoming new business and outstanding work continued to rise in October. Business expectations in the UK service sector reached an 18-month high. http://www.cips.org/downloads/News%20and%20events/Monthly%20reports/nov_serv.pdf
UK PURCHASING MANAGERS INDEX
BUSINESS CONDITIONS
SERVICE SECTOR
The latest Chartered Institute of Purchasing and Supply's report on the UK services sector records in October the fastest rate of activity expansion since November 1999. The seasonally-adjusted "CIPS/Reuters business activity index" rose to 59.1 from 58.7 in September, highlighting the strong turnaround in the sector following the subdued growth period during the first half of 2003. Both levels of incoming new business and outstanding work continued to rise in October. Business expectations in the UK service sector reached an 18-month high. http://www.cips.org/downloads/News%20and%20events/Monthly%20reports/nov_serv.pdf
UK PURCHASING MANAGERS INDEX
BUSINESS CONDITIONS
SERVICE SECTOR