Largely driven by the manufacturing sector, the downturn in the UK private sector slowed in June after the record weakness seen during the height of the coronavirus lockdown, flash survey data from IHS Markit showed Tuesday.
The IHS Markit/Chartered Institute of Procurement & Supply composite output index rose to 47.6 in June from 30.0 in May. The reading was above economists' forecast of 41.0.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.