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UK Private Sector Grows At Fastest Pace In 3 Months

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday.

The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.

Another moderate expansion of services activity contrasted with a solid decline in manufacturing production in June.

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