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BUSINESSBloomberg Markets·1d ago

UK Economic Growth Cooled, PMI Data Show

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AI TLDR · GEMINI

S&P Global PMI data indicates that the UK's private sector growth slowed in September as price pressures increased, suggesting a loss of momentum.

Britain’s private sector slowed and price pressures strengthened in September, according to S&P Global’s purchasing managers’ index, a closely watched survey that pointed to a summer growth spurt losing momentum. Dan Hanson of Bloomberg Economics reacts to the data. (Source: Bloomberg)

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