🇬🇧 UK services tip into contraction and inflation re-accelerates, leaving the BoE without a clean move Home Tags The day in view 🇬🇧 UK services tip into contraction and inflation re-accelerates, leaving the BoE without a clean move Macro Soup Newsroom June 22, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link UK flash composite PMI fell to 49.7 in June, with the services index contracting to 49.3, while services CPI re-accelerated to 3.7%. Two MPC members already voted to hike at the June meeting. The BoE has no clean move here. Read next Featured Post The day in view 📰 Daily Macro Roundup: 2026-07-13 Paid Post The day in view 🇨🇳 China's AI export boom masks a consumer economy that's still shrinking
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