The UK service sector growth strengthened in October, helped by improved demand conditions, final survey results from S&P Global showed on Wednesday.
The S&P Global services Purchasing Managers' Index posted 52.3 in October, up from a five-month low of 50.8 in September. The flash score was 51.1.
"The latest survey offered some positive signals for the UK service economy, with output growth stronger than the earlier 'flash' estimate for October, and therefore confirming a notable improvement from September's five month low," S&P Global Market Intelligence Economics Director Tim Moore said.
For comments and feedback contact: editorial@rttnews.com
Business News
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.