UK manufacturing, services PMI both jump in June

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

The UK manufacturing price managers' index improved to 50.1 in June, up from 40.7 in May, according to an initial 'flash' reading from IHS Markit.

The market had been expecting a more modest improvement to 45.2.

The services PMI also beat expectations, rising to 47.0 in June, up from 29.0 in May, compared to expectations of a rise to 39.1.