ZGBR - Flash U.K. PMI Slides To Four-Month Low As COVID-19 Wave Dampens Economic Growth

• The IHS Markit/CIPS flash composite PMI output index, covering both services and manufacturing, fell further from its all-time high of 62.9 in May, down sharply from 62.2 in June to 57.7 in July.
• Transport, hospitality and other consumer-facing services companies were the hardest hit, though manufacturing also saw growth slow markedly during July.
• Supply shortages pushed up the price of goods, suppliers of services hiked prices and employee pay continued to rise.

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