United Kingdom M4 Money Supply (YoY): -2.8% (November) vs previous -2.6%

The seasonally adjusted Markit/CIPS Purchasing Manager’s Index declined to 52.5 in December, down from 53.3 in both October and November. The average PMI reading over the final quarter as a whole (53.0) was only slightly below that in the prior quarter (53.1), but nonetheless the weakest growth outcome in a year-and-a-half.