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UK Private Sector PMI Falls to 14-Month Low of 49.4, Signaling Second Consecutive Month of Economic Contraction

2026-06-23 10:39:19

According to S&P Global, the UK private sector PMI fell to 49.4 in June, marking the second consecutive month of economic contraction and hitting a 14-month low, down from 49.7 in May. Readings below 50 indicate economic shrinkage.

The employment component index declined to 46.8 from 47.1, remaining in negative territory for 21 consecutive months. S&P Global attributed the contraction partly to ongoing Middle East tensions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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