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	<title>Service sector Archives - UK Investor Magazine</title>
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		<title>UK service sector PMI &#8216;slows sharply&#8217; in October due to lockdown restrictions</title>
		<link>https://ukinvestormagazine.co.uk/uk-service-sector-pmi-slows-sharply-in-october-due-to-lockdown-restrictions/</link>
					<comments>https://ukinvestormagazine.co.uk/uk-service-sector-pmi-slows-sharply-in-october-due-to-lockdown-restrictions/#comments</comments>
		
		<dc:creator><![CDATA[Jamie Gordon]]></dc:creator>
		<pubDate>Wed, 04 Nov 2020 14:53:24 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bars]]></category>
		<category><![CDATA[CIPS]]></category>
		<category><![CDATA[COVID]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[hotels]]></category>
		<category><![CDATA[IHS Markit]]></category>
		<category><![CDATA[lockdown]]></category>
		<category><![CDATA[PMI]]></category>
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		<category><![CDATA[restrictions]]></category>
		<category><![CDATA[Service sector]]></category>
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					<description><![CDATA[<img width="300" height="198" src="https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-300x198.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" fetchpriority="high" srcset="https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-300x198.jpg 300w, https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-768x506.jpg 768w, https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-637x420.jpg 637w, https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-640x422.jpg 640w, https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI-681x449.jpg 681w, https://ukinvestormagazine.co.uk/wp-content/uploads/2020/11/COVID-closes-service-sector-PMI.jpg 1000w" sizes="(max-width: 300px) 100vw, 300px" /><p>IHS Markit&#8216;s PMI data illustrated that business activity in the service sector had demonstrated a &#8216;much weaker rise&#8217; in October, with the rate of expansion at its slowest rate for four months. The research group also noted that the rate of new work fell for the first time since June, while hospitality, transport and leisure [&#8230;]</p>
<p>The post <a href="https://ukinvestormagazine.co.uk/uk-service-sector-pmi-slows-sharply-in-october-due-to-lockdown-restrictions/">UK service sector PMI &#8216;slows sharply&#8217; in October due to lockdown restrictions</a> appeared first on <a href="https://ukinvestormagazine.co.uk">UK Investor Magazine</a>.</p>
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