Business confidence falls sharply in June: S&P Global/CIPS
Business confidence falls sharply in June: S&P Global/CIPS
Abstract
The fall of 4.6 points was the largest monthly decline since the start of the pandemic. Optimism at UK private sector companies has declined in each month since February and is now the lowest for just over two years. The headline seasonally adjusted S&P Global/ CIPS Flash UK Composite Output Index in June was unchanged from May at 53.1.1, posting above the neutral 50.0 value for the sixteenth consecutive month.
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