UK PMIs Could Reflect Carillion Impact: RBC -- Market Talk
01 February 2018 - 8:48PM
Dow Jones News
0917 GMT - The impact of the collapse of construction and
facilities-management company Carillion, announced on Jan. 15,
could "be partially reflected" in U.K. purchasing managers' surveys
this week as PMI data are collected mid-month, RBC says. "To the
extent any adverse knock-on consequences for the company's
sub-contractors are captured in the survey responses this month,
the skew of risks to this month's PMIs looks to be on the
downside," it says. U.K. manufacturing PMI figures for January are
released at 0930 GMT on Thursday. This will be followed by
construction PMI on Friday and services PMI on Monday.
(jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
February 01, 2018 04:33 ET (09:33 GMT)
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