Global Economic News

UK Private Sector Economy Expands Modestly In November

The UK private sector activity almost stabilised in November after contracting in the previous three months, the purchasing managers' survey results from S&P Global and the Chartered Institute of Procurement & Supply showed on Thursday.

The flash composite output index rose to a four-month high of 50.1 in November from 48.7 in the previous month. Any score above 50 indicates expansion in the sector. The expected score was 48.7.

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by RTTNews Staff Writer

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