UK service providers registered robust upturn in business activity in February, final survey data from S&P Global revealed Wednesday.
The final services Purchasing Managers' Index dropped marginally to 53.9, as initially estimated, from 54.0 in January.
The survey showed an upturn in overall new work for the third consecutive month, underpinned by domestic demand. New work from abroad was close to stalling in February.
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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.