Pound euro exchange rate: Sterling rises despite contraction of UK construction sector

Pound euro exchange rate: Sterling rises despite contraction of UK construction sector

- in Finance
80
0



This morning, the pound rose by nearly 0.6 percent against the euro, and the pairing is currently trading at around €1.167. Data revealed this morning that construction activity in the UK declined for the first time in 11 months as the Markit construction PMI slipped into contraction territory, sliding from 50.6 to 49.5 with housing being the only category to register growth.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Amazon Echo upgrade this week as popular smart speakers get massive refresh

Amazon Echo update goes on sale this week