Services PMI in the United Kingdom decreased to 49.20 points in October from 49.30 points in September of 2023. Services PMI in the United Kingdom averaged 53.23 points from 2007 until 2023, reaching an all time high of 62.90 points in May of 2021 and a record low of 13.40 points in April of 2020. The S&P Global/CIPS UK Services PMI (Purchasing Managers’ Index) is based on data collected from companies in the transport and communication sector, financial intermediation, business services, personal services, computing and IT and hotels and restaurants. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.
. This page provides the latest reported value for – United Kingdom Services PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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