The UK private sector activity reported a softer expansion in November, largely due to a loss of momentum in the service sector, flash survey results from S&P Global revealed on Friday.
The composite output index fell more-than-expected to 50.5 in November from 52.2 in October. The expected level was 51.8.
Nonetheless, a reading above 50.0 indicates expansion in the private sector.
The slowdown was underscored by a softer rise in service sector activity. Despite remaining in expansion mode for a seventh straight month, services firms recorded only a marginal upturn that was the weakest in this sequence.
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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.