The monthly overall business activity across the services and manufacturing sectors was unchanged on the 15-month low of 53.1 reached in May but a reading beyond 50 means private sector activity is growing while a reading below 50 points to a reduction.

  • In the UK, the combined measure of services and manufacturing dropped from 54.8 to 51.9 in June.
  • Manufacturers are facing declining orders but exports, and the service sector is seeing signs of growth from curbed pandemic demand move into reverse amid the rising cost of living.

  • Posted on 2023/07/17
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