UK services sector shrinks for first time since July 2016: data
AFP
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Britain's key services sector shrank in March for the first time since July 2016, with activity slammed by Brexit turmoil and flat economic growth, a leading survey showed on Wednesday.
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The purchasing managers' index (PMI) for services fell from 51.3 in February to 48.9 in March, according to IHS Markit, which compiles the data. A reading below 50 indicates contraction.