Higher growth brings price rises in UK services sector
28 August 2012
More than a quarter of UK services companies said activity had risen in April, according to the latest PMI figures, as they battled with rising input prices.
The services sector business activity index - a composite indicator of business conditions from CIPS and NTC Research - stood at 59, a rise on March’s 58.7 but still well above the 50 figure that indicates no change on the previous month.
The biggest growth in new orders (down to 60.5) came in the hotels and restaurants, transport and communications, and...