The UK service sector expanded at the slowest pace in the current 18-month sequence of growth amid escalating economic uncertainty and concerns about high inflation, final data from S&P Global showed Monday.
The Chartered Institute of Procurement and Supply final services Purchasing Managers' Index posted 50.9 in August, down from 52.6 in the previous month. The score was well below the flash 52.5.
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by Renju Jaya
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