The UK economy bounced back in February, with business activity the strongest since last June, led by a recovery in consumer spending on travel, leisure and entertainment, the latest snapshot from IHS Markit shows. It said services firms benefited from a loosening of pandemic measures. The closely watched PMI surveys also showed high inflation persisted in February, as higher wages, energy bills and raw material costs all contributed to firms’ rising operating expenses.
Eurozone growth rebounds, led by France, while prices surge – business live
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