UK service sector growth eases to five-month low

[London Big Ben Westminster]
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* S&P Global UK Services PMI At 50.8 in September, easing considerably from August's 16-month high of 54.2. The headline index has posted above the neutral 50.0 threshold in each month sinceMay, but the latest reading was the weakest over this period and indicated only a modest rise in activity.
* S&P Global UK Composite PMI at 50.1, down from 53.5 in August.
* "UK service providers experienced a disappointing end to the third quarter as weak consumer confidence, delays to business spending decisions and falling exports all weighed on demand. Business activity expansion hit a five-month low, while new order gains were much softer than the 11-month high seen in August." said [https://www.pmi.spglobal.com/Public/Home/PressRelease/3cbb5744d04d4aaf8d70174925672b0d] Tim Moore, Economics Director at S&P Global Market Intelligence.
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* Currency: (GBP:USD) [https://seekingalpha.com/symbol/GBP:USD]

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