The Trader 

Market Outlook: Q2 2019 CBI Services Survey results

The Trader

Published this week the CBI PwC Q2 2019 services sector survey showed that economic growth expectations were at their lowest since 2008, troubling as this makes up 80 per cent of the British economy. Optimism in the business and professional area, which includes legal, accountancy and marketing, fell to -31 at the end of June versus -8 in Q1 and the outlook for the next 12 months collapsed to -51. Consumer services, like hospitality, travel and leisure dropped to -28 from -12.   

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