The IHS Markit/CIPS UK Composite PMI came in at 47.7 in June 2020, little-changed from a preliminary estimate of 47.6 and compared to the previous month's 30.0. Manufacturing production rebounded and service activity contracted at a softer pace as the economy reopened following months of disruption caused by the coronavirus pandemic.

Composite Pmi in the United Kingdom averaged 53.62 points from 2013 until 2020, 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 July of 2020. source: Markit Economics

Composite Pmi in the United Kingdom is expected to be 46.00 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 54.50 in 12 months time. In the long-term, the United Kingdom Composite Pmi is projected to trend around 52.00 points in 2021 and 52.80 points in 2022, according to our econometric models.

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United Kingdom Composite Pmi

Actual Previous Highest Lowest Dates Unit Frequency
47.70 30.00 61.80 13.80 2013 - 2020 points Monthly
SA


News Stream
UK Private Sector Output Falls at Slower Pace
The IHS Markit/CIPS UK Composite PMI came in at 47.7 in June 2020, little-changed from a preliminary estimate of 47.6 and compared to the previous month's 30.0. Manufacturing production rebounded and service activity contracted at a softer pace as the economy reopened following months of disruption caused by the coronavirus pandemic.
2020-07-03
UK May Composite PMI Rises the Most on Record
The IHS Markit/CIPS UK Composite PMI rose 17.6 points to 47.6 in June of 2020 from 30 in the previous month and above market forecasts of 41, a preliminary estimate showed. It was the largest monthly increase since the series began in January 1998. Another fall service sector activity (PMI at 47 vs 29 in May) contrasted with a return to production growth among manufacturers (PMI at 50.1 vs 40.7). The easing of restrictions related to the coronavirus had a favourable impact on economic activity, with business operations gradually resuming in a number of sectors and staff brought back from furlough. Still, underlying demand remained very subdued and cutbacks to client spending had acted as continued drag on overall business activity. Finally, business expectations for the year ahead rebounded, with confidence reaching a four-month high in June.
2020-06-23
UK May Composite PMI Revised Higher
The IHS Markit/CIPS UK Composite PMI was revised higher to 30.0 in May 2020 from a preliminary estimate of 28.9, above the previous month's all-time low of 13.8. Manufacturing output and service sector activity both contracted at sharp rates, with the overall pace of job shedding the second-fastest since the series began in January 1998. Looking ahead, business expectations improved further from March's low.
2020-06-03
UK Composite PMI Above Forecasts
The IHS Markit/CIPS UK Composite PMI went up to 28.9 in May 2020 from an all-time low of 13.8 in the previous month and above market forecasts of 25, a preliminary estimate showed. Still, the latest reading signalled a far steeper pace of contraction than at the worst point of the global financial crisis, linked to business shutdowns, cancellations of customer orders and a general slump in demand amid the coronavirus pandemic. New work and employment continued to fall, with both rates of contraction the second-fastest in more than 20 years of data collection. Looking ahead, business confidence continued to improve from the series record low seen in March.
2020-05-21

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