UK Service Sector Contracts In June

India, July 3 -- The UK service sector contracted at the fastest pace since early 2023 in June, final purchasing managers' survey data from S&P Global showed Friday.

The services Purchasing Managers' Index posted 48.8 in June, down from 49.3 in May. The flash score was 48.7.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

The score remained below the neutral 50.0 mark and hit the lowest since the start of 2023.

"June data confirmed a clear loss of momentum for the UK economy during the second quarter of 2026, following a positive start to the year," S&P Global Market Intelligence Economics Director Tim Moore said.

For comments and feedback contact: [e-mail]

Published by HT Digital Cont...