Mumbai, April 23 -- Business activity across the UK private sector regained momentum in April after slowing in March, supported by moderate growth in both manufacturing and services. The S&P Global Flash UK PMI Composite Output Index rose from 50.3 to 52.0, marking a solid expansion and extending the current growth streak to 12 months.
Manufacturing output returned to growth after a slight decline in March, with some firms reporting that customers brought forward orders and built safety stocks due to concerns about rising prices and supply disruptions. However, production was also affected by raw material shortages and shipping delays. The services sector also expanded at a faster pace than in March, though growth remained weaker than earl...