The latest PMI® data compiled by IHS Markit and CIPS signalled a further loss of growth momentum in the UK private sector at the end of the third quarter. Rates of expansion in both output and new orders were each the weakest in the respective seven-month sequences of growth. The rate of job creation remained elevated, however, driven by strong hiring at service providers. Meanwhile, inflationary pressures showed little sign of abating, with input costs up sharply again and charges raised to the greatest extent on record. The headline seasonally adjusted IHS Markit / CIPS Flash UK Composite Output Index was at 54.1 ... (full story)