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Politics

Fuel Price Hike Pushes Service Price Inflation to Highest Level Since 2022

May 6, 2026
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Posted 3 hours ago by

SP Global’s UK Services PMI rose to 52.7 in April, up from 50.5 in March – the lowest reading since April 2025 – and slightly ahead of the 52.0 flash estimate. The bad news for Reeves is in the inflation numbers Service providers logged the fastest rise in costs since November 2022, with prices charged

Guido Fawkes
Guido Fawkes

Coverage and analysis from United Kingdom. All insights are generated by our AI narrative analysis engine.

United Kingdom
Bias: right

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