The UK private sector expanded for the fifth straight month in June albeit at the slowest pace in three months as the upturn in services activity was largely offset by the contracting manufacturing sector, flash survey results from S&P Global showed on Friday.
The Chartered Institute of Procurement & Supply flash composite output index dropped to 52.8 in June from 54.0 in May. The expected score was 53.6.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.