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UK service sector shows strong growth

Thursday, January 05, 2012 - 03:42

Jan. 5 - 2011 ended on a positive note for UK service providers as activity and new work rose at their strongest rates since July according to the latest CIPS/Markit PMI.

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UK services PMI data just outside as you can see that coming up on the screen 2011 ended on a positive -- for service providers. The headline business activity index hitting a five month high -- 54. In December that is solid improvement on November's 52 point one. And somebody beats the Reuters poll of a folder 51 and a half with a. Well I'll to promise to apps they were talking about things such as it increased marketing -- opportunity and seeing results and knocked. And also what was so was it wasn't just of this activity index futures to five month -- also new business growth. It was also an apartment I'd have thought -- system. Some computer support David to be compelled to win tonight also it never nevertheless you know this sort of Arafat impending recession -- these numbers is surprisingly good. -- President Clinton lost. Well I'm looking at some other indicated for example that there's certain confidence. -- that confidence and its joint lowest since March 2009 which was to detail into the reception center. The outlooks there's much reporting it's still -- it difficult conditions about what's supposed to took conditions this month squeeze margins yet important to point out this doesn't include retailers. I'm what what was tried to hear what specifically was driving it. What else could you got separate account and we've -- -- reports of us from great -- amongst their hotels and restaurants. Both -- transposed -- -- communications phantom votes and putting it. They're -- good -- so upset that so -- in the assessments Christmas and sent it. How worried are respondents and they have been worried how -- into the continues to be about austerity measures. Well us as -- say there was talk about a tough trading conditions not squeezing motions preventive -- charges. And most of these are sort of saying -- -- just to -- confidence and some G pricing power. Most of it on an austerity measures in the UK but also some people assistant to slow down debt crisis and yet you -- North Dakota we congressman Tom Wilson having an impact not want and and -- how are they able to cross on the import price increases. They're not and what we're seeing dismissing charges are actually in the -- did very slightly petroleum -- -- So again not very -- and it tends to squeeze a motion with CNET tissue processing business for us. Who would -- -- seen in some capacity of trust -- -- has also insist -- them to -- inflation likely -- to -- a bit later on this yet. Retired -- -- from Austin as we've seen both cynicism -- index. And the end construction input costs and Texas still very -- -- just an awesome putt on patches. And contrast -- touch him constant pulling. Both have not been accustomed to it output prices to consumers but it's not -- hometown -- -- minimal she met us measures the charms of a recession this yeah. There's always chance this. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- As we see -- not holding his current levels. You're with all that happened country facing -- confidence about who's achieved. Where are you looking to keep most of all home on Hutchinson -- in construction that it. Spokesman from may -- no point 6% to two key thing to a million plus stagnation and people I mean since golf management system heading into 2012. OK well many thanks -- rob Dobson of market that's it don't miss that trading at noon. That's -- lunchtime in depth look at the morning's trading activity that's Monday to Friday midday London time. I'm -- of trouble this is --

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UK service sector shows strong growth

Thursday, January 05, 2012 - 03:42