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S&P Global Services PMI Final

Name: S&P Global Services PMI Final
Creator: TipRanks

The 'S&P Global Services PMI Final' for the UK is an economic indicator that measures the performance of the services sector, which is a significant component of the UK economy. It is derived from surveys of purchasing managers in the services industry and provides insights into business conditions, including output, new orders, and employment. This index is important because it helps gauge economic health and can influence monetary policy decisions. Financial markets closely watch the PMI as it can impact currency values, stock prices, and investor sentiment.