Global Economic News

UK Private Sector Growth At 6-Month Low

The UK private sector growth eased sharply in August largely due to staff shortages and supply chain issues, flash survey results from IHS Markit and the Chartered Institute of Procurement & Supply showed on Monday.

The flash composite output index decreased to a six-month low of 55.3 in August from 59.2 in July. The score was forecast to drop to 58.4.

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by RTTNews Staff Writer

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