U.K. growth outlook supported by higher August PMI, RSM says
Thomas Pugh at RSM UK says the U.K. economy is maintaining momentum despite headwinds. He cites a further rise in August purchasing managers’ index, with the composite at 52.5, pointing to 0.2% to 0.3% Q3 growth.
The U.K. economy maintains momentum despite headwinds, says Thomas Pugh at RSM UK in a note.
A further rise in the U.K. purchasing managers' index for August--with the composite index at 52.5--points to the economy growing by 0.2% to 0.3% in the third quarter, he says.
This comes in addition to ris…