UK composite PMI falls to 49.40 in June, services miss forecasts

Macro
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The S&P Global UK composite PMI fell to 49.40 in June 2026 from 49.70 in May, flash data showed. The services PMI dropped to 48.7 from 49.3, missing market forecasts of 50.5, while the manufacturing PMI eased to a three-month low of 53.1 from 53.9, below expectations of 53.8.

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