Business Activity Falls for First Time in 13 Months
The latest S&P Global Flash UK PMI composite output index dropped to 48.5 in May from 52.6 in April. A 13-month low and well below the 50 expansion threshold… That reading significantly undershot the 51.6 consensus forecast from Reuters-polled economists. Services saw the sharpest activity decline since January 2021, with the overall reading the lowest…











