• Prior 50.9
  • Manufacturing PMI 47.7 vs 46.6 expected
  • Prior 46.4
  • Composite PMI 50.7 vs 50.5 expected
  • Prior 50.3

Key findings:

  • Output growth picks up in June.
  • Prices charged inflation eases to its lowest for nearly four and a half years.

The agency notes that despite a pick up, economi activity remains lacklustre. Companies continue to cut employment but all these things combined contributed to quell inflationary pressures.

UK Composite PMI
UK Composite PMI
Source: Forex Live