India, March 24 -- The UK private sector growth strengthened to a six-month high in March, driven by the fastest upturn in the services economy since 2024, flash survey data from S&P Global revealed Monday. The flash composite output index registered 52.0 in March, up from 50.5 in February.
The index has remained above the crucial 50.0 mark for the seventeenth month in a row. Moreover, the score signaled the fastest growth since September 2024.
The robust growth in the service sector helped to offset the sharpest decline in manufacturing production since October 2023.
The services Purchasing Managers' Index hit a seven-month high of 53.2 compared to 51.0 in February. The score was well above forecast of 51.2.
At 44.6, the manufacturing ...