UK data shows modest recovery in service sector
MSN·
- The UK’s service PMI rose to 52.7 in April, indicating moderate expansion in the service sector from March’s 11-month low of 50.5.
- The seasonally adjusted S&P Global UK PMI Composite Output Index increased to 52.6 from 50.3 in March, reflecting a moderate upturn in overall output.
- Additionally, the S&P Global UK Manufacturing PMI also improved, reaching 53.7 in April.