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United Kingdom Services Pmi

Last Release
Jul 2021
Actual
57.8 points
Forecast
N/A
Previous
62.4 points
Frequency
Monthly
Units In
points
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
62.9 points
May 2021
13.4 points
Apr 2020
53.18 points2007 - 2021Markit Economics
The Markit/CIPS UK Services PMI (Purchasing Managers' Index) is based on data collected from companies in the transport and communication sector, financial intermediation, business services, personal services, computing and IT and hotels and restaurants. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. .

Latest Updates

The IHS Markit/CIPS UK Services PMI dropped to 57.8 in July 2021, from 62.4 in the previous month and well below market expectations of 62, a preliminary estimate showed. The latest reading pointed to the weakest pace of recovery since March, due in part to COVID isolation rules and other restrictions due to the pandemic. There were also reports that the end of the stamp duty holiday had led to softer demand for services related to residential property transactions. New business volumes increased at the slowest rate for five months, despite a rise in export sales for the first time since April, while the rate of job creation eased from June's recent peak, largely due to difficulties filling vacancies. On the price front, input costs rose the most since the series began in July 1996.

United Kingdom Services Pmi History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jul 23, 202108:43UK Service Sector Growth Eases to 4-Month Low
DATETIMEEVENTActual
Nov 22, 201909:30Markit/CIPS UK Services PMI Flash48.6
Jul 22, 201608:30Markit/CIPS UK Services PMI Flash47.4

United Kingdom business Indicators

All United Kingdom indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
27
Sep 2021
38
Jun 2021
-87
Jun 2020
55
Sep 1959
pointsQuarterly1958 - 2021
Bankruptcies
2,384
Mar 2021
3,053
Dec 2020
924
Jun 1979
6,924
Dec 2008
CompaniesQuarterly1975 - 2021
Car Production
69,097
Jun 2021
54,962
May 2021
197
Apr 2020
185,157
Mar 2000
UnitsMonthly1977 - 2021
Car Registrations
186,128
Jun 2021
156,737
May 2021
4,321
Apr 2020
562,337
Mar 2017
Monthly1962 - 2021
Changes In Inventories
-1,215
Mar 2021
2,848
Dec 2020
-9,083
Mar 2009
11,359
Dec 1988
GBP MillionQuarterly1955 - 2021
Competitiveness Index
81.2
Dec 2019
81.99
Dec 2018
5.18
Dec 2010
82.11
Dec 2017
PointsYearly2007 - 2019

Services Pmi across Europe

Services Pmi global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Euro Area
60.4
Jul 2021
58.3
Jun 2021
12
Apr 2020
60.4
Jul 2021
pointsMonthly2007 - 2021
France
57
Jul 2021
57.8
Jun 2021
10.2
Apr 2020
62.9
Apr 2011
pointsMonthly2008 - 2021
Germany
62.2
Jul 2021
57.5
Jun 2021
16.2
Apr 2020
62.2
Jul 2021
pointsMonthly2007 - 2021
Ireland
63.1
Jun 2021
62.1
May 2021
13.9
Apr 2020
64
Jan 2016
pointsMonthly2011 - 2021
Italy
56.7
Jun 2021
53.1
May 2021
10.8
Apr 2020
57.7
Jan 2018
pointsMonthly2011 - 2021
Russian Federation
56.5
Jun 2021
57.5
May 2021
12.2
Apr 2020
58.5
Jul 2020
pointsMonthly2010 - 2021

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