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.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United Kingdom Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
60.70 56.40 61.80 13.80 2013 - 2021 points Monthly
SA


News Stream
UK Private Sector Output Growth at 7-1/2-Year High
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.
2021-05-06
UK Private Sector Growth at Over 7-Year High
The IHS Markit/CIPS UK Composite PMI climbed to 60.0 in April 2021, from 56.4 in the previous month and well above market forecasts of 58.2, a preliminary estimate showed. The latest reading signaled the strongest overall increase in UK private sector output since November 2013, supported by the fastest expansion in service activity since August 2014 and the steepest pace of growth in factory activity for almost 27 years. Overall new business volumes increased the most for nearly seven years, boosted by the strongest rise in new work from abroad since the end of the Brexit transition period on 31st December 2020. At the same time, employment growth was the highest since August 2017 and business confidence remained close to March's record high. On the price front, average prices charged continued to increase at one of the fastest rates for the past three-and-a-half years.
2021-04-23
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

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