Global Economic News

UK Private Sector Growth Gains Momentum On Services Activity

The UK private sector activity posted its strongest growth in six months in December, thanks to a faster recovery in the service economy, flash survey results from S&P Global showed on Friday.

The Chartered Institute of Procurement & Supply flash composite output index rose more-than-expected to 51.7 in December from 50.7 in November. The score was seen at 50.9.

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by Renju Jaya

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