The UK service sector expanded at a stronger pace in April although increased costs and the war in Ukraine combined to contain the pace of expansion, survey results from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply final services Purchasing Managers' Index came in at 58.9 in April, which was above the flash score of 58.3 but down from 62.6 in March. Input costs ro...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.