The UK private sector activity posted its strongest growth in six months in December, thanks to a faster recovery in the service economy, flash survey results from S&P Global showed on Friday.
The Chartered Institute of Procurement & Supply flash composite output index rose more-than-expected to 51.7 in December from 50.7 in November. The score was seen at 50.9.
Although the score suggested the fastest rise in activity since June, the reading remained weaker than the long-run survey average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.