United Kingdom Services PMI  Forecast 2016-2020

Services PMI in the United Kingdom is expected to be 52.40 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in the United Kingdom to stand at 52.20 in 12 months time. In the long-term, the United Kingdom Services PMI is projected to trend around 54.10 Index Points in 2020, according to our econometric models.

United Kingdom Services PMI
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United Kingdom Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 5 6 4 7 6 2
Manufacturing PMI 55.1 54.1 54.5 52.2 55.1 53.1
Services PMI 53.8 52.4 51.9 52.1 52.2 54.1
Industrial Production 0.3 1.7 1.5 1.8 2 2.1
Industrial Production Mom 0.5 -0.1 0.4 0.3 -0.2 0.3
Manufacturing Production 0.6 2 1.9 2.1 2.2 2.3
Capacity Utilization 82.6 82 82.1 82.2 82.3 81.7
Factory Orders 10 7 2 4 6 -2
New Orders 12866 14650 14880 14970 15000 15980
Changes in Inventories -538 488 208 20.49 140 207
Bankruptcies 4547 3520 3400 3610 3580 4000
Corporate Profits 108645 110000 111000 112000 113000 121000
Zew Economic Sentiment Index -49.6 -38 -16 2 4 11.6
Car Production 136901 161000 121000 161500 159400 132000
Car Registrations 161997 468000 187000 565000 261000 196000
Small Business Sentiment 0 2 5 5 4 2
Steel Production 747 610 680 670 630 850
Private Investment 0.6 0.5 -0.3 0.6 0.7 0.5
Mining Production 1.2 1.8 2.8 2.6 2.5 2
Corruption Index 81 82 82 83 83 85
Corruption Rank 10 9 9 8 8 6
Competitiveness Index 5.49 5.49 5.49 5.54 5.54 5.59
Competitiveness Rank 7 7 7 6 6 5
Composite Pmi 54.1 53.8 53.6 53.9 54 52.8
Ease of Doing Business 7 6 6 6 6 5
Electricity Production 26128 25900 29900 26800 24900 30200