UK Composite PMI Rises to 53.1 in October, Beating Expectations
The flash S&P Global composite PMI rose to 53.1 from 52.0 in September, above expectations for 51.7. Activity remained in expansion for a fourth consecutive month, with the index at its highest since February.
The flash S&P Global composite purchasing managers’ index ticked up to 53.1 from 52.0 in September, beating expectations for a reading of 51.7. This was above the 50 mark that separates contraction from expansion for the fourth month in a row and marked the highest reading since February.Faster rat…