LONDON, May 24 (Xinhua) -- Growth of Britain's manufacturing and services sectors slowed to a 15-month low in May as the cost-of-living crisis hit customer demand, a report said on Tuesday.
The seasonally adjusted S&P Global / CIPS Flash UK PMI Composite Output Index fell sharply to 51.8 in May from 58.2 in April, signaling the slowest rise in business activity since the current phase of recovery began in March 2021, according to the report.
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