LONDON (AFX) - The UK Chartered Institute of Purchasing and Supply reported that its service sector Business Activity index fell to a seasonally adjusted 54.4 in February from a revised 55.3 the previous month.
The following table provides a breakdown of the results of the CIPS' latest survey. A reading above 50 signals expansion; below it contraction. The greater the divergence the more rapid the rate of change.
All figures, with the exception of business expectations, are seasonally adjusted.
Feb Jan Dec Nov
Business activity 54.4 55.3 56.3 56.4
New business 54.1 55.2 55.6 55.7
Outstanding business 51.2 50.9 51.7 51.3
Business expectations 68.4 70.1 67.7 66.6
Employment 54.7 54.6 55.0 56.6 Prices charged 53.5 53.2 53.7 55.4 Input prices 59.6 58.5 59.3 62.0