The UK service sector continued to expand at an accelerated pace in March, spurred by a renewed upturn in new orders, the S&P Global purchasing managers' survey showed on Thursday.
The final services Purchasing Managers' Index climbed to 52.5 in March from 51.0 in February, below the flash reading of 53.2. A score above 50 indicates expansion, while any reading below suggests contraction in the sector.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.