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UK services sector slows amid Middle East war concerns, raising stagflation risks.
The UK's services sector slowed in March to an 11-month low of 50.5, driven by war concerns in the Middle East.
This uncertainty reduced business spending and investment, while disruptions to shipping and energy raised fuel and material costs.
Economists warn these factors are increasing the risk of stagflation, where slowing growth meets rising prices.
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El sector servicios del Reino Unido se desacelera en medio de las preocupaciones por la guerra en Oriente Medio, aumentando los riesgos de estagflación.