UK Private Sector Recovers In December

The UK private sector output recovered in December driven by another solid increase in the manufacturing sector, flash survey data from IHS Markit showed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply composite output index rose to 50.7 in December from 49.0 in November. A score above 50 indicates expansion. But this was below economists' forecast of 51.3.Original Article