The IHS Markit/CIPS UK Markit Services PMI fell to 52.2 in October of 2018 from 53.9 in September and below market expectations of 53.3. The reading pointed to the slowest expansion in factory activity since March as economic uncertainty, subdued consumer spending and a soft patch for new work had held back business activity growth. New business rose the least since July of 2016, backlogs of work reduced, job creation slowed and input price inflation was the strongest since June mainly due to higher fuel bills and salary payments. Finally, business confidence about the year ahead was the weakest since July of 2016 amid concerns over Brexit-related disruptions and the general economic outlook. Services PMI in the United Kingdom is reported by Markit Economics.

United Kingdom Services PMI
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United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -16.00 -3.00 55.00 -75.00 Index Points [+]
Services PMI 52.20 53.90 62.50 40.10 Index Points [+]
Manufacturing PMI 51.10 53.60 61.50 34.40 [+]
Industrial Production 0.00 1.00 22.70 -11.90 percent [+]
Industrial Production Mom 0.00 0.00 9.90 -8.00 percent [+]
Manufacturing Production 0.50 1.30 19.60 -16.90 percent [+]
Capacity Utilization 80.20 82.30 85.20 38.00 percent [+]
Factory Orders -6.00 -1.00 21.00 -79.00 Net Balance [+]
New Orders 10801.00 11628.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories -854.00 1195.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4308.00 3918.00 6509.00 924.00 Companies [+]
Corporate Profits 114178.00 111344.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -67.90 -61.00 61.00 -77.20 [+]
Car Production 127051.00 89254.00 185157.00 43773.00 Units [+]
Car Registrations 153599.00 338834.00 562337.00 33051.00 [+]
Small Business Sentiment -18.00 6.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Mining Production -1.80 2.10 854.60 -90.50 percent [+]
Leading Economic Index 0.60 0.70 1.90 -2.10 percent [+]
Private Investment -1.20 -0.70 63.70 -33.70 percent [+]
Steel Production 630.00 550.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.99 82.11 82.11 5.18 Points [+]
Competitiveness Rank 8.00 6.00 13.00 2.00 [+]
Composite Pmi 52.10 54.10 61.80 47.40 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 24971.00 24914.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 82.00 81.00 87.00 74.00 Points [+]
Corruption Rank 8.00 10.00 20.00 8.00 [+]


United Kingdom Services PMI

The Markit/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. United Kingdom Services PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 53.90 62.50 40.10 2007 - 2018 Index Points Monthly




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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