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The Independent UK
The Independent UK
National
Holly Williams

Services sector growth up by fastest pace for eight months despite price hikes

PA Archive

Growth in Britain’s all-important services sector rose at its fastest pace for eight months in February despite more record price rises.

The closely watched IHS Markit/CIPS services PMI survey scored 60.5 in February, up from 54.1 in January and the highest score since last June as the sector rebounded thanks to the Omicron wave easing and all restrictions being lifted.

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