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United Kingdom Services Pmi

Last Release
Oct 2021
Actual
58 points
Forecast
N/A
Previous
55.4 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
53.24 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 jumped to 58.0 in October 2021, up from 55.4 in the previous month and defying market expectations of 54.5, a preliminary estimate showed. The latest reading pointed to the fastest expansion in the sector since July, although still softer than the peak seen in May, on the back of a sustained boost to client spending following the roll back of pandemic restrictions, including an expansion of export sales. Meanwhile, staffing and supply shortages weighed on growth. New business volumes rose the most since June, also driven by strong domestic demand. On the price front, cost burdens increased at the fastest rate since the survey began in July 1996.

United Kingdom Services Pmi History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 22, 202108:53UK Service Sector Expands Faster than Expected in October
Oct 5, 202108:52UK Services Rise More than Anticipated
Sep 23, 202108:50UK Services PMI Eases to February-Lows
Sep 3, 202108:48UK Services Activity Grows Less than Initially Thought
Aug 23, 202108:44UK Service Sector Growth Slows to 6-Month Low
Aug 4, 202108:48UK Services Sector Growth at 4-Month Low
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
2
Dec 2021
27
Sep 2021
-87
Jun 2020
55
Sep 1959
pointsQuarterly1958 - 2021
Bankruptcies
3,116
Jun 2021
2,384
Mar 2021
924
Jun 1979
6,924
Dec 2008
CompaniesQuarterly1975 - 2021
Car Production
37,246
Aug 2021
53,438
Jul 2021
197
Apr 2020
185,157
Mar 2000
UnitsMonthly1977 - 2021
Car Registrations
215,312
Sep 2021
68,033
Aug 2021
4,321
Apr 2020
562,337
Mar 2017
Monthly1962 - 2021
Changes In Inventories
2,996
Jun 2021
-1,215
Mar 2021
-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
54.7
Oct 2021
56.4
Sep 2021
12
Apr 2020
59.8
Jul 2021
pointsMonthly2007 - 2021
France
56.6
Oct 2021
56.2
Sep 2021
10.2
Apr 2020
62.9
Apr 2011
pointsMonthly2008 - 2021
Germany
52.4
Oct 2021
56.2
Sep 2021
16.2
Apr 2020
61.8
Jul 2021
pointsMonthly2007 - 2021
Ireland
63.7
Sep 2021
63.7
Aug 2021
13.9
Apr 2020
66.6
Jul 2021
pointsMonthly2011 - 2021
Italy
55.5
Sep 2021
58
Aug 2021
10.8
Apr 2020
58
Jul 2021
pointsMonthly2011 - 2021
Russian Federation
50.5
Sep 2021
49.3
Aug 2021
12.2
Apr 2020
58.5
Jul 2020
pointsMonthly2010 - 2021

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