3 October 2001, 12:51  UK CIPS Sept service sector index 48.1 vs unrevised 50.9 in Aug - sources

LONDON (AFX) - The UK Chartered Institute of Purchasing and Supply reported that its service sector Business Activity index fell to a seasonally adjusted 48.1 in September from an unrevised 50.9 the previous month, according to market sources. Roy Ayliffe, director of professional practice at the CIPS, said confidence was hit by attacks on the US and that the business activity index was the lowest since December 1998. 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.

© 1999-2022 Forex EuroClub
All rights reserved