The IHS Markit/CIPS UK Composite PMI stood at 56.4 in March 2021, little-changed from a preliminary estimate of 56.6, signaling the strongest rate of output growth for six months. Manufacturing production expanded by the most since February 2011, while services sector activity growth accelerated to a seven-month high. source: Markit Economics

Composite PMI in the United Kingdom averaged 53.50 points from 2013 until 2021, reaching an all time high of 61.80 points in October of 2013 and a record low of 13.80 points in April of 2020. This page provides - United Kingdom Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Composite PMI in the United Kingdom is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in the United Kingdom to stand at 54.00 in 12 months time. In the long-term, the United Kingdom Composite PMI is projected to trend around 53.80 points in 2022 and 54.00 points in 2023, according to our econometric models.

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United Kingdom Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
56.40 49.60 61.80 13.80 2013 - 2021 points Monthly
SA


News Stream
UK Private Sector Output Grows the Most since September
The IHS Markit/CIPS UK Composite PMI stood at 56.4 in March 2021, little-changed from a preliminary estimate of 56.6, signaling the strongest rate of output growth for six months. Manufacturing production expanded by the most since February 2011, while services sector activity growth accelerated to a seven-month high.
2021-04-07
UK Private Sector Activity Growth at 7-Month High
The IHS Markit/CIPS UK Composite PMI registered 56.6 in March of 2021, up sharply from 49.6 in February and above the crucial 50.0 no-change mark for the first time in three months. The latest reading signalled a strong rate of private sector output growth and the speed of recovery was the fastest since August 2020. For the first time since the start of the pandemic, service sector activity (index at 56.8) outpaced manufacturing production growth (55.6). This was fuelled by a rise in new orders for the first time since September 2020, which survey respondents attributed to a rebound in sales ahead of easing lockdown measures, alongside stronger consumer confidence and a surge in demand for residential property services.
2021-03-24
UK Composite PMI Revised Slightly Lower
The IHS Markit/CIPS UK Composite PMI was revised lower to 49.6 in February 2021, slightly down from a preliminary estimate of 49.8 and compared with 41.2 in the previous month. The latest reading signaled broadly stable levels of UK private sector output, helped by the smaller decline in service sector activity in four months and a pick up in manufacturing output expansion.
2021-03-03
UK Private Sector Output Nears Stabilization in February
The IHS Markit/CIPS UK Composite PMI rose to 49.8 in February 2021, up from 41.2 in the previous month and well above market consensus of 42.2, a preliminary estimate showed. The latest reading signaled broadly stable levels of UK private sector output, helped by the smaller decline in service sector activity in four months and a pick up in manufacturing output expansion.
2021-02-19

United Kingdom Composite PMI
The UK Composite PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index.