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Weak Pound Sees UK Services Sector Raise Prices

Weak Pound Sees UK Services Sector Raise Prices

Input prices for the UK services sector rose to their highest level in three-and-a-half years during September. The Markit/CIPS UK Services Purchasing Managers’ Index showed growth slowed in September but the weak pound exerted upward pressure on input prices, which hit a high not seen since February 2013. David Noble, group CEO, CIPS, said: “Firms […]