Inflation fall lets service sector grow
The Journal
|July 04, 2025
THE UK's service sector grew at its fastest rate for 10 months in June as inflation eased back, according to new figures.
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Experts said a “turnaround” in spending by UK businesses and consumers helped to support the industry.
The S&P Global UK services PMI survey scored 52.8 for the month, up from 50.9 in May. Any reading above 50 means the sector is growing, while a score below means it is contracting.
It was notably stronger than expected for the month, with analysts having predicted a reading of 51.3.
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