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[Asia Economy Reporter Donghyun Choi] The UK’s October Services Purchasing Managers' Index (PMI) was reported as 48.8 on the 3rd (local time) by Markit/CIPS UK.
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This is slightly higher than the expert forecast of 47.5, but still below the previous figure of 50. A Services PMI above 50 indicates growth in the service sector, while below 50 indicates contraction.
This content was produced with the assistance of AI translation services.
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