UK service sector activity grew at the slowest pace since the end of the winter lockdown as staff shortages and supply issues weighed on business capacity, final survey results from IHS Markit showed on Wednesday.
The Chartered Institute of Procurement & Supply services Purchasing Managers' Index declined to 59.6 in July from 62.4 in June. The index was the lowest since March.
Nonetheless, the score was above the crucial 50.0 no-change mark and also above the flash reading of 57.8.
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