India, June 23 -- The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday.
The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.
Another moderate expansion of services activity contrasted with a solid decline in manufacturing production in June.
The flash services Purchasing Managers' Index rose to 51.3 in June from 50.9 in the previous month. The expected reading was 51.2.
At 47.7, the flash manufacturing PMI hit a five-month high in June. The score was expected to rise moderately to 46.9 from 46.4.
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