The UK service sector expanded at the slowest pace in the current 18-month sequence of growth amid escalating economic uncertainty and concerns about high inflation, final data from S&P Global showed Monday.
The Chartered Institute of Procurement and Supply final services Purchasing Managers' Index posted 50.9 in August, down from 52.6 in the previous month. The score was well below the flash 52.5.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.