United Kingdom Chartered Institute of purchasing and supply 5 day published survey, July United Kingdom services strong growth, related index terms to create one and a half years.
The Institute on the day of the announcement of the survey, July United Kingdom services purchasing manager index for the month from 6 to 53.2 51.6 l, January 2008, the largest increase since, while also significantly higher than the previous forecast of the market. The index above 50 indicates that the industry is in the expansion of the State.
It was announced earlier this week, the society of the United Kingdom, July manufacturing purchasing managers index from 6 month to 50.8 47.4, indicating that the United Kingdom's manufacturing industry has also begun expansion.
Services accounted for two thirds of the United Kingdom the total economy, manufacturing accounted for about 15%. Analysts believe that the United Kingdom services and manufacturing sectors are in the month of July, this is the extended State economy may have to restore the latest signs of growth.
According to United Kingdom NSO 5, published reports, mainly due to substantial increases in automotive production, the United Kingdom in June of this year industrial production rose by 0.5% in October 2007 the largest increase since the beginning of the month, but compared with the same period last year level is still very low.
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