The UK private sector returned to the expansion territory in March with the service sector performance outpacing the manufacturing output growth, flash survey data from IHS Markit and the Chartered Institute of Procurement & Supply showed on Wednesday.
The composite output index rose to 56.6 from 49.6 in the previous month. Economists had forecast the index to rise moderately to 51.1.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.