India, July 24 -- The UK private sector expanded for the first time in three months in July amid a slight upturn in new business, flash results of the purchasing managers' survey by S&P Global showed Friday.
The flash composite output index rose to a 3-month high of 52.1 in July from 49.3 in the previous month. A score above 50 indicates expansion, while any reading below 50 suggests contraction.
The survey revealed that improved performances were seen in both the manufacturing and service sectors in July. The services PMI climbed to 51.8 from 48.8 in June, and the manufacturing PMI improved to 52.8 from 52.5.
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