U.K. services growth unexpectedly accelerated in August, countering a slowdown in manufacturing and reinforcing the recovery’s dependence on domestic demand. Markit Economics’ Purchasing Managers’ Index rose to a 10-month high of 60.5 from 59.1 in July. Economists had forecast a decline to 58.5,…
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U.K. Services Growth Surges in Sign of Unbalanced Recovery
