UK PMI composite ticks up to 49.4, price pressures ease from April spike

UK PMI Services rose modestly from 49.0 to 50.2, while Manufacturing PMI edged lower from 45.4 to 45.1. As a result, the Composite PMI ticked up from 48.5 to 49.4, still below the 50-mark that separates expansion from contraction. https://www.actionforex.com/live-comments/598003-uk-pmi-composite-ticks-up-to-49-4-price-pressures-ease-from-april-spike