The IHS Markit/CIPS UK Composite PMI was revised higher to 53.3 in January 2020 from a preliminary estimate of 52.4 and well above the previous month's 49.3. The latest reading pointed to the fastest pace of expansion in the private sector since September 2018 as services returned to growth (53.9 vs 50.0 in December) and manufacturing stabilized (50.0 vs 47.5 in December). United Kingdom Composite Pmi - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Composite Pmi in the United Kingdom averaged 54.73 points from 2013 until 2020, reaching an all time high of 61.80 points in October of 2013 and a record low of 47.60 points in July of 2016. This page provides - United Kingdom Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Markit Economics
Composite Pmi in the United Kingdom is expected to be 53.60 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 50.00 in 12 months time. In the long-term, the United Kingdom Composite Pmi is projected to trend around 50.00 points in 2021 and 52.80 points in 2022, according to our econometric models.