The UK private sector registered a marked slowdown in business activity growth in March due to adverse impact of the war in the Middle East, survey results from S&P Global showed Tuesday.
The flash composite output index fell more-than-expected to 51.0 in March from 53.7 in February. The score was expected to climb to 52.8.
The index remained above the neutral 50.0 mark for the eleventh successive month. However, the score suggested the slowest expansion since September 2025.
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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.