The UK private sector activity almost stabilised in November after contracting in the previous three months, the purchasing managers' survey results from S&P Global and the Chartered Institute of Procurement & Supply showed on Thursday.
The flash composite output index rose to a four-month high of 50.1 in November from 48.7 in the previous month. Any score above 50 indicates expansion in the sector. The expected score was 48.7.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.