The UK private sector logged a better-than-expected growth in June but that was unchanged from the 15-month low seen in May, flash survey results from S&P Global showed on Thursday.
The Chartered Institute of Procurement & Supply flash composite output index held steady at 53.1 in June, while the reading was expected to fall to 52.6.
The score remained above the neutral 50.0 for the sixteenth consecutive month, suggesting expansion in the private sector. However, the reading was the joint-lowest seen over this period.
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by Renju Jaya
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