The British economy is moving in two directions
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(ABM FN-Dow Jones) UK economic activity grew the fastest in April. This came from preliminary numbers from Markit Economics on Friday.
UK composite PMI rose from 56.4 in March to 60.0 in April. This puts the index at an 89-month high.
The Services PMI rose from 56.3 to 60.1, the highest point in 80 months. The preliminary industry index rose from 58.9 to 60.7. In fact, this is the highest level in nearly 27 years.
An index position greater than 50 indicates growth, while less than 50 indicates contraction.
ABM Financial News; [email protected]; Revised text: +31 (0) 20 26 28999.
From Beursplein 5, eds ABM Financial News Developments in the stock markets, and the Amsterdam Stock Exchange in particular, are closely watched. The information in this column is not intended as professional investment advice or as a recommendation to make specific investments.
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We will also test it in Europe
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Not so long as Italy must be kept out of the wind
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But all the smart people said that Brexit would turn the UK into a third world country, the economy would collapse and so on. How is that possible?
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