The flash UK PMI Composite Output Index hit a three-month high of 52.1 in July, rebounding from 49.3 in the previous month, according to S&P Global Market Intelligence data. The services PMI also rose to a three-month high of 51.8 from 48.8, while manufacturing PMI grew to 52.8 from 52.5. Meanwhile, retail sales growth in the UK slowed in June to 1% from 1.2%, according to Office for National Statistics data. Year over year, retail sales in the country grew 4.2% in June. That said, the emergence of unanticipated problems in that business in Q1 revived the perception of Reckitt as being disproportionately accident-prone.