The S&P Global UK Services PMI rose to 52.8 in October 2026, up from 52.1 in September, although below the preliminary estimate of 53.1. Nevertheless, the latest reading signaled the fastest expansion in services activity since February, supported by improving customer demand and stronger order books. Some firms reported increased sales linked to AI investment spending, receding client risk aversion and more supportive economic conditions, although squeezed household budgets and geopolitical uncertainty continued to weigh on demand. Total new business increased at the fastest pace since January, and employment returned to growth for the first time in two years. Meanwhile, backlogs of work continued to decline. On the price front, input costs rose at their fastest pace in five months, while output price inflation eased slightly as intense competition continued to limit firms' pricing power. Business confidence also improved, reaching its highest level since February. source: S&P Global
Services PMI in the United Kingdom increased to 52.80 points in October from 52.10 points in September of 2026. Services PMI in the United Kingdom averaged 53.06 points from 2007 until 2026, reaching an all time high of 62.90 points in May of 2021 and a record low of 13.40 points in April of 2020. 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.
Services PMI in the United Kingdom increased to 52.80 points in October from 52.10 points in September of 2026. Services PMI in the United Kingdom is expected to be 52.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Services PMI is projected to trend around 53.00 points in 2027 and 52.80 points in 2028, according to our econometric models.