{"id":33073,"date":"2025-07-03T09:24:07","date_gmt":"2025-07-03T09:24:07","guid":{"rendered":"https:\/\/financialrush.com\/?p=33073"},"modified":"2025-07-03T09:24:07","modified_gmt":"2025-07-03T09:24:07","slug":"uk-services-activity-rises-at-fastest-rate-in-10-months","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=33073","title":{"rendered":"UK services activity rises at fastest rate in 10 months"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the Editor\u2019s Digest for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=57cb652f-1f0b-4d67-8efe-ddf666dc63ed\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Activity in the UK private services sector rose at the fastest rate in 10 months while growth in the prices businesses charge slowed, according to a closely watched survey published on Thursday.<\/p>\n<p>The S&amp;P Global UK Services PMI final index rose to 52.8 in June, up from 50.9 in May and the highest since August 2024. The latest reading was above the earlier June estimate of 51.3, and was \u201cindicative of a solid rate of business activity expansion\u201d, S&amp;P said.<\/p>\n<p>Tim Moore, economics director at S&amp;P Global Market Intelligence, said: \u201cJune data highlighted a modest rebound in <a href=\"https:\/\/www.ft.com\/uk-services-sector\" data-trackable=\"link\">UK service sector<\/a> growth, fuelled by a turnaround in domestic business and consumer spending after a soft patch during the spring.\u201d<\/p>\n<p>The survey also showed that growth in businesses\u2019 costs eased for the second month, running at its lowest in 2025 so far and contributing to the weakest rise in prices charged by service providers for nearly four-and-a-half years.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/57cb652f-1f0b-4d67-8efe-ddf666dc63ed\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this&hellip;\n","protected":false},"author":6,"featured_media":33074,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-33073","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/33073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33073"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/33073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/33074"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}