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S&P Global: UK Flash PMI Rises to Three-month High in July

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Britain's private sector output returned to growth in July, supported by improved performances in both the manufacturing and services industries amid a rebound in new business volumes, flash data from S&P Global showed Friday.

The flash UK PMI Composite Output Index hit a three-month high of 52.1, compared with 49.3 in the previous month and the consensus of 49.7.

Meanwhile, the manufacturing PMI rose to a two-month high of 52.8 from the prior month's 52.5 and the expected 52. On the services side, the PMI came in at 51.8, against the previous 48.8 and the market forecast of 49.4.

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