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UK services sector sees activity stablise in June 2011

7 July 2011
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UK services sector sees activity stablise in June 2011Activity levels in the UK's services sector remained steady in June this year, compared with the previous month.

According to the Purchasing Managers' Index (PMI) for the sector, it performed better than anticipated during the period in question.

The PMI for June 2011 climbed by 0.1 points to 53.9, with the measure demonstrating that growth remains stable as any figure above 50 is representative of expansion.

Although the figure is below trend for the industry, firms continued to report increases in new orders.

However, the study by the CIPS and Markit showed there was a dip in business confidence and very little job creation over the month, indicating the coming months could prove hard for those in operations management.

"Companies kept headcounts largely unchanged, highlighting a reluctance to expand workforces as a result of the uncertain outlook and renewed weakness of the manufacturing and household sectors," cautioned Markit chief economist Chris Williamson.

Those hoping to generate continuous improvement within their services sector operations may be interested to learn that a recent study by YouGov suggested 73 per cent of Brits believe customer service standards need to be improved ahead of the 2012 London Olympic and Paralympic Games.ADNFCR-3058-ID-800615024-ADNFCR
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