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UK private sector contracts as tariffs send PMI to 29-month low

By Benjamin Chiou

Date: Wednesday 23 Apr 2025

(Sharecast News) - Private sector activity in the UK declined in April for the first time in 18 months, as the downturn in manufacturing worsened and the services sector unexpectedly contracted.
According to a closely watched survey from S&P Global on Wednesday, the composite purchasing managers' index (PMI) dropped to 48.2...

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