UK PMI services finalized at to 51.3; Client caution and margin pressures build.UK Services PMI was finalized at 51.3 in November down from October's 52.3. Composite PMI eased to 51.2 from 52.2, marking a clear loss of momentum after several months of improvement.
UK November final services PMI 51.3 vs 50.5 prelim."November data revealed an abrupt end to the steady improvement in order books seen since the summer. Unfavourable demand conditions were signalled in both domestic and export markets.