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Chart of the Day: Brexit Brake

The chart from Markit economics shows the UK PMI falling violently after the UK referendum. The manufacturing PMI has declined to 41-month low, while services PMI declined to 88-month low. All in all, the PMI report is p…

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Chart of the Day: Brexit Brake
Chart courtesy: Markit Economics

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The chart from Markit economics shows the UK PMI falling violently after the UK referendum. The manufacturing PMI has declined to 41-month low, while services PMI declined to 88-month low.

All in all, the PMI report is pointing to a GDP contraction of 0.4 percent.

Chart courtesy: Markit Economics

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