Global Economic News

UK Private Sector Growth Hits 1-Year High

The UK private sector expanded for the third successive month in April to the strongest level in a year, driven by a sharp upturn in the services economy, while manufacturing remained in the contraction zone, flash survey results from S&P Global showed on Friday.

The flash Chartered Institute of Procurement & Supply composite output index climbed to 53.9 in April from 52.2 in March. The expected score was 52.5.

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by RTTNews Staff Writer

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