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    UK service sector growth reaches three-month high

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    The UK services sector saw a rebound in July, with the S&P Global services PMI rising to 52.1 from 48.8 in June. This growth is attributed to increased consumer demand and easing price inflation. New business grew for the first time in five months, although concerns about global economic uncertainty persist. Inflation pressures may rise in the latter half of the year.
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