Services sector PMI declines to 61.2 in May
Despite falling from April level, the latest reading is still the second-strongest rate of growth in just under 13 years.
services sector pmi
June 2023
May 2023
March 2023
Services output in April expands at fastest rate in nearly 13 years
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
Services sector activity hits 12-yr high in Feb on strong demand
In January, the services PMI stood at 57.2, whereas it was 58.5 in December.
