The UK private sector expanded at the slowest pace in six months in July as rising interest rates, high inflation and uncertain economic outlook pose strong headwinds to business activity.
The flash composite output index dropped to a six-month low of 50.7 from 52.8 in the previous month, survey results from S&P Global and the Chartered Institute of Procurement & Supply showed Monday.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.