Data firm Markit produces monthly surveys for manufacturing, construction and services sectors in the U.K. with all three indicators pointing to a downward move. A number below 50 marks a contraction in the sector with all three data points narrowly above that level in the May figures released on June 3.
Chris Williamson, the chief economist at Markit, said earlier this month that employment growth, backlogs of work and inflows of new business meanwhile all showed deteriorating trends.
"The manufacturing sector saw a near-stagnation of output growth for a second successive month in May, contrasting with robust growth earlier in the year. Growth has also slowed to a near-standstill in the construction sector," he said in the release.
"Although services growth accelerated slightly in May, the increase was still one of the weakest recorded in the past three years."
More analysis from the research firm showed how closely this PMI data mirrors GDP (gross domestic product) figures. A technical recession is generally identified by a fall in GDP in two successive quarters.