The S&P Global UK Composite PMI was revised down sharply to 50.3 in March 2026, below both the preliminary estimate of 51 and February’s 53.7, marking the slowest business activity growth in six months. The reading points to only a marginal expansion, as the Middle East war saps momentum across the economy. Service sector growth stalled, while manufacturing output contracted again, reversing recent gains. On the cost front, input price inflation surged to its highest level since February 2023, squeezing margins. Meanwhile, business confidence plunged to its lowest since June 2025, reflecting deepening concerns over the economic outlook. source: S&P Global

Composite PMI in the United Kingdom decreased to 50.30 points in March from 53.70 points in February of 2026. Composite PMI in the United Kingdom averaged 53.27 points from 2013 until 2026, reaching an all time high of 62.90 points in May of 2021 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.

Composite PMI in the United Kingdom decreased to 50.30 points in March from 53.70 points in February of 2026. Composite PMI in the United Kingdom is expected to be 52.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Composite PMI is projected to trend around 52.80 points in 2027 and 52.50 points in 2028, according to our econometric models.


Components Last Previous Unit Reference
S&P Global Manufacturing PMI 51.00 51.70 points Mar 2026
S&P Global Services PMI 50.50 53.90 points Mar 2026

Related Last Previous Unit Reference
Bankruptcies 1878.00 1749.00 Companies Feb 2026
BRC Retail Sales Monitor YoY 0.70 2.30 percent Feb 2026
CBI Business Optimism Index -19.00 -31.00 points Mar 2026
Car Production YoY 65885.00 65249.00 Units Feb 2026
Car Registrations 380627.00 90100.00 Units Mar 2026
Changes in Inventories -992.00 355.00 GBP Million Dec 2025
Composite Leading Indicator 101.22 101.14 points Feb 2026
Corporate Profits 165030.00 160993.00 GBP Million Dec 2025
Electricity Price 100.36 96.26 GBP/MWh Apr 2026
Electricity Production 65847.60 49685.20 Gigawatt-hour Dec 2025
CBI Industrial Trends Orders -27.00 -28.00 Net Balance Mar 2026
Industrial Production YoY 0.40 0.50 percent Jan 2026
Industrial Production MoM -0.10 -0.90 percent Jan 2026
GDP 3-Month Avg 0.20 0.10 percent Jan 2026
Manufacturing Production YoY 1.30 0.50 percent Jan 2026
Manufacturing Production MoM 0.10 -0.50 Percent Jan 2026
Mining Production -5.20 -0.60 percent Jan 2026
New Orders 11935.00 12404.00 GBP Million Dec 2025
New Car Sales YoY 6.60 7.20 percent Mar 2026
Business Investment QoQ -2.50 1.10 percent Dec 2025


United Kingdom Composite PMI
The UK Composite PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
UK Business Growth Grinds to Near-Halt in March as Middle East War Weighs
The S&P Global UK Composite PMI was revised down sharply to 50.3 in March 2026, below both the preliminary estimate of 51 and February’s 53.7, marking the slowest business activity growth in six months. The reading points to only a marginal expansion, as the Middle East war saps momentum across the economy. Service sector growth stalled, while manufacturing output contracted again, reversing recent gains. On the cost front, input price inflation surged to its highest level since February 2023, squeezing margins. Meanwhile, business confidence plunged to its lowest since June 2025, reflecting deepening concerns over the economic outlook.
2026-04-07
UK Business Activity Growth Eases to Six-Month Low
The S&P Global UK Composite PMI fell to 51.0 in March 2026, down from 53.7 in February and below expectations of 52.9, according to preliminary data. This marks the slowest output growth since September 2025, as both services and manufacturing activity weakened. New business inflows declined for the first time in four months, with firms attributing the drop to falling confidence amid the Middle East conflict, rising inflation, and expectations of higher borrowing costs. Employment declined at a faster pace, and business confidence plunged to a nine-month low. On the price front, input cost inflation hit its highest since February 2023, with manufacturers reporting the steepest cost increases since October 2022 and the sharpest month-on-month acceleration since October 1992, just after the UK’s Black Wednesday. Output charges also surged, adding to cost pressures.
2026-03-24
UK Private Sector Growth Holds Near 17-Month High
The S&P Global UK Composite PMI stood at 53.7 in February 2026, unchanged from January’s 17-month high but slightly below the preliminary estimate of 53.9. The reading signaled a solid expansion in private sector activity, extending the current growth streak to ten months. Manufacturing output rose at its fastest pace since September 2024, partly offsetting a marginal slowdown in services growth. However, employment fell again, marking a 17th consecutive monthly decline. Inflationary pressures eased somewhat, with both input costs and output charges rising more slowly than at the start of the year.
2026-03-04