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UK: Fastest rate of service sector growth for 10 months
UK service providers recorded a sustained expansion of business activity in June. The latest upturn was the strongest since August 2024, supported by a renewed improvement in order books. At the same time, input cost inflation eased for the second month running to its lowest in 2025 so far. This contributed to the weakest rise in prices charged by service providers for nearly four-and-a-half years. Adjusted for seasonal influences, the S&P Global UK Services PMI® Business Activity Index registered 52.8 in June, up from 50.9 in May and the highest for 10 months. The latest reading was above the earlier 'flash' ... (full story)
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