Money Minute Tuesday 5 November: UK services sector heading for further contraction
Today's Money Minute looks ahead to the latest data on the UK services sector, plus eurozone producer prices.
As economic research group Capital Economics points out, it's worth noting that surveys have been overstating economic weakness in the UK recently.That's probably due to the Brexit-shaped cloud of uncertainty hanging over everything.That said, there's no doubt that activity across the board is slowing. Let's hope that some sort of post-election resolution can re-invigorate the economy.
In the eurozone, we get the latest reading on producer price inflation across the region. It's expected to come in broadly flat year on year.
Meanwhile, later on in the US we'll get the latest reading on sentiment in the non-manufacturing sector.September's reading was very poor, hitting a three-year low, but a rebound is expected for October.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Carers retire with an average pension of just £6,750
A growing pensions gap shows carers retire with significantly less private pension income than the national average
-
8 of the best properties for sale with award-winning gardens
The best properties for sale with award-winning gardens – from a Victorian Gothic rectory in Hampshire, to a Georgian house in Kent with gardens designed by multiple Royal Chelsea Flower Show gold medallist Roger Platts