UK PMI Unexpectedly Rips Higher To A 10-Month High

Well, here’s your European bright spot: The UK.

Somehow the UK keeps defying expectations of an imminent collapse.

All the pieces are there for the economy to really roll over, but it never quite seems to happen.

The index jumped to 52.1, the highest reading in 10 months.

Here’s the stub summary from Markit.

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Photo: Markit

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