UK Composite PMI Contracts for Second Consecutive Month in June, Sales Drop Sharply

The UK Composite Purchasing Managers' Index (PMI) fell to 49.3 in June 2026, marking the second consecutive month of contraction. The services sector notably shrank to 48.8, while manufacturing saw growth at 52.5. Sales experienced their steepest decline since April 2025, and employment continued to decrease. Despite these contractions, input and output price inflation eased, and business confidence showed improvement.