Services PMI dips further

Growth in new orders slows despite marginal rise in manufacturing activities in January

Services activity expansion slowed to a six-month low in January, with the services Purchasing Managers Index falling to 51.8 from 53.4 in December, HSBC Holdings Plc said on Wednesday.

New order growth at services providers slowed at the start of 2015, having eased further from November's two-and-a-half year peak, the bank said.