The UK private sector posted a strong revival in April after the downturn seen at the start of the year amid the full nationwide lockdown, flash survey data from IHS Markit showed on Friday.
The flash Chartered Institute of Procurement & Supply composite output index advanced more-than-expected to 60.0 in April from 56.4 in the previous month. The expected reading was 58.2.
The latest reading signaled the strongest overall increase in UK private sector output since November 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.