U.K. Economic Growth Slows In April As Outlook Darkens And Inflation Pressures Mount

25 April 2022

Concerns over the worsening inflation outlook were meanwhile flamed by another near-record surge in firms’ costs during April. The S&P Global/CIPS composite PMI™ fell from 60.9 in March to 57.6 in April, according to the preliminary ‘flash’ reading.