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UK private sector activity hits two-year low, with PMI score of 48.2 signaling contraction.
The UK's private sector activity hit a two-year low in April, with the S&P Global flash UK composite PMI reporting a score of 48.2, indicating contraction.
The decline was partly due to US trade tariffs, hitting exporters, especially car manufacturers, hard.
New international work fell at the fastest rate in nearly five years, and job cuts continued for the seventh straight month, raising concerns about the UK's economic outlook.
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La actividad del sector privado del Reino Unido alcanza su nivel más bajo en dos años, con una puntuación del PMI de 48.2 que señala una contracción.