The services sector activity in the UK economy deteriorated more-than-expected in the month of October, missing the consensus forecast, a fresh report from Markit Economics showed on Monday.
The services PMI dropped to 52.2 in October versus a 53.9 reading booked in September. Markets predicted 53.3 last month.
A moderate rise in business activity during October.
New work increases at slowest pace since July 2016.
Strong input cost inflation continues.