The IHS Markit/CIPS UK Composite PMI was revised higher to 60.7 in April 2021, from a preliminary estimate of 60, pointing to the fastest increase in private sector business activity for seven-and-a-half years. Manufacturers signaled the steepest upturn in output since last August, while service providers experienced the quickest increase in activity since October 2013. Overall employment growth was the highest since October 2015 and business confidence hit a new record high. source: Markit Economics
Composite PMI in the United Kingdom averaged 53.57 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 May 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.