UK private sector rebounded the most in nearly two years in February as new orders registered a robust upturn, flash survey results from S&P Global revealed Friday.
The flash composite output index registered 53.9 in February, up from 53.7 in January, to signal the fastest rise in private sector activity since April 2024.
The improvement was driven by a sharper expansion of manufacturing production. Meanwhile, services output growth eased since January.
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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.