UK PMI

23 August 2023 British Pound Swamped as Services Sector Softens in Latest Surveys

Pound Sterling exchange rates fell widely in midweek trade after respondents to S&P Global surveys cited high interest rates and other headwinds for an August softening of business conditions i…

23 November 2022 Pound to Euro Rate Extends Gains, PMIs Suggest Gloom is Stabilising

The UK economy shrunk in November according to the latest S&P Global PMI readings, however business expectations for the year ahead rebounded from a 30-month low.

23 September 2022 Latest UK and European PMI Surveys Warn of Recessions Already Underway

The latest round of S&P Global PMI Surveys of manufacturing and services sectors suggested on Friday that UK and Eurozone economies may already have entered recession in the third quarter of th…

23 August 2022 UK Economy Grew in August, But Looks Set to Contract Soon According to PMIs

The UK economy expanded in August, according to a much-watched survey of activity.

22 July 2022 Pound Sterling Rebounds vs. Euro as UK PMIs Confirm Ongoing Growth

The UK economy continued to expand in July, according to a much watched survey.

23 June 2022 Pound-Euro Bid as UK PMI Data Outshine those of the Eurozone

The UK economy continued to grow in June with PMI survey data coming in stronger than expected.

24 May 2022 Pound Slumps after PMIs Signal Drastic Economic Slowdown in May

Pound Sterling sunk like a stone following the release of PMI data that suggests the UK economy was close to contracting in May and conditions are deteriorating faster than was the case during the …

22 April 2022 Pound Sterling Battered by Euro, Dollar on Triple Hit of Poor Economic Data

A slew of negative data readings has sent the British Pound sharply lower against the Euro and Dollar.

24 March 2022 Return to the Office Boosts UK Economy, But Anxiety Over the Future Builds: March PMIs

The UK economy continued to show a healthy rate of expansion in March, according to the latest S&P Global PMI report.

21 February 2022 UK Economy Recovery Accelerates in February show PMIs, Locking in a March Rate Hike

The UK's economic rebound accelerated faster than expected in February, according to a leading survey which noted "a swift rebound in UK economic conditions".

24 January 2022 PMIs: Businesses Look Past Omicron Hit with Optimism

Staff absences due to the UK's fourth Covid wave meant businesses struggled in January, according to a regular monthly survey that also showed inflationary pressures continue to build.

16 December 2021 PMIs: Winter Winds Blow Over the UK Economy

A regular survey of UK economic activity revealed UK businesses saw slowing activity in December as concerns over the spread of the Omicron variant and associated business restrictions emerged.

23 November 2021 Pound Sterling: PMI Data Greenlights December Rate Hike at the Bank of England

A monthly survey of UK business conditions from IHS Markit encouraged expectations for a rate hike at the Bank of England in December, which should in turn keep the Pound relatively well supported.…

22 October 2021 Pound Sterling: PMI Data Settles Nerves Following Retail Sales and GfK Shockers

The British Pound held recent gains following PMI data that pointed to a strengthening UK economy.

23 September 2021 PMI Data: Growth Slows but Job Creation and Inflation Point Higher

UK economic growth slipped to its weakest level in seven months, although the rate of job creation remains elevated according to the September PMI series from IHS Markit.

23 August 2021 Pound Sterling: Significant PMI Miss Limits Rebound Scope vs. Euro and Dollar

The British Pound started the new week in decidedly mixed fashion amidst signs that the country's economic rebound slowed in August.

23 July 2021 'Pingdemic' & Inflation Trigger Sharp Slowdown in the Economic Rebound: PMI Data

The UK economy is still growing at a health clip, but that rate of growth has slowed more sharply than investors had expected according to new data.

23 June 2021 PMIs Show Rapid Improvement in Employment Situation

The rapid UK economic rebound might be tapering off according to a much watched data release, but signs of growing demand for workers should ensure the Pound remains well supported.

21 May 2021 Record May PMI Data Shows Employment is Bouncing Back, but so too is Inflation

The UK economic rebound is well underway according to a survey of UK businesses during March which showed employment was on the rise but so too were inflationary pressures.

24 March 2021 UK Economy Surges Back and Employment Increases for First time in Months: March PMIs

The UK economy is springing back to life and creating more jobs for the first time since February, according to PMI data for March.