India, Feb. 21 -- The British private sector grew at its slowest pace in two months as services continued to expand while manufacturing sunk to its lowest in over a year, preliminary results of the purchasing managers' survey by S&P Global showed on Friday.
The flash Composite Output Index fell to 50.5 from 50.6 in January, in line with economists' expectations. A reading above 50 suggests growth in the U.K. private sector.
The flash Purchasing Managers' Index for manufacturing dropped to a 14-month low of 46.4 from 48.3 in January. The score was expected to improve slightly to 48.4.
The flash services PMI climbed to 51.1 in February, its highest in two months, from 50.8 in January. Economists had expected the reading to remain unchanged...