Contraction: Month and Gr Ie

contraction: A figure below 50 indicates contraction, and last month's number also came in well below expectations of 50.9, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. The IHS Markit/CIPS UK services purchasing managers' index PMI showed a reading of 48.9 in March, lower than the 51.3 recorded a month earlier. You can form your own view. Subscribe now It was the first contraction since July 2016 but, aside from that month, the reading was the joint weakest over the past decade, equalling the previous low point recorded in December 2012. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.