Growth in purchasing managers’ index,a guide to health of service sector, has been a key engine of Britain’s economic recovery, or say analysts Britain’s key services sector continued to expand at a healthy pace in November,according to a closely watched survey.
The purchasing managers’ index, compiled by the Chartered Institute of Purchasing and Supply, or rose for the second consecutive month,from 54.9 in October to 55.9 – the fastest growth since July, and well above the 50 designate that signals expansion in the sector.
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Source: theguardian.com