The S&P Global/CIPS UK Composite PMI provides a comprehensive overview of the UK private sector by combining data from both the manufacturing and services sectors. It is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. This indicator is highly regarded by the Bank of England and economists as it tracks the vast majority of the UK economy. It serves as an early signal for quarterly GDP growth trends.
The index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, based on the relative contribution of each sector to GDP.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Feb 22, 2024 | 53.30 | 52.90 | +0.40 |
| Feb 5, 2024 | 52.90 | 52.50 | +0.40 |
| Jan 24, 2024 | 52.50 | 52.20 | +0.30 |
| Jan 4, 2024 | 52.10 | 51.70 | +0.40 |
| Dec 15, 2023 | 51.70 | 50.90 | +0.80 |
| Dec 5, 2023 | 50.70 | 50.10 | +0.60 |
| Nov 23, 2023 | 50.10 | 48.70 | +1.40 |
| Nov 3, 2023 | 48.70 | 48.60 | +0.10 |
| Oct 24, 2023 | 48.60 | 48.70 | -0.10 |
| Oct 4, 2023 | 48.50 | 46.80 | +1.70 |
| Sep 22, 2023 | 46.80 | 48.70 | -1.90 |
| Sep 5, 2023 | 48.60 | 47.90 | +0.70 |
| Aug 23, 2023 | 47.90 | 50.30 | -2.40 |
| Aug 3, 2023 | 50.80 | 50.70 | +0.10 |
| Jul 24, 2023 | 50.70 | 52.40 | -1.70 |
| Jul 5, 2023 | 52.80 | 52.80 | 0.00 |
| Jun 23, 2023 | 52.80 | 53.60 | -0.80 |
| Jun 5, 2023 | 54.00 | 53.90 | +0.10 |
| May 23, 2023 | 53.90 | 54.60 | -0.70 |
| May 4, 2023 | 54.90 | 53.90 | +1.00 |
| Apr 21, 2023 | 53.90 | 52.50 | +1.40 |
| Apr 5, 2023 | 52.20 | 52.20 | 0.00 |
| Mar 24, 2023 | 52.20 | 52.80 | -0.60 |
| Mar 3, 2023 | 53.10 | 53.00 | +0.10 |
| Feb 21, 2023 | 53.00 | 49.00 | +4.00 |
| Feb 3, 2023 | 48.50 | 47.80 | +0.70 |
| Jan 24, 2023 | 47.80 | 49.10 | -1.30 |
| Jan 5, 2023 | 49.00 | 49.00 | 0.00 |
| Dec 16, 2022 | 49.00 | 48.00 | +1.00 |
| Dec 5, 2022 | 48.20 | 48.30 | -0.10 |
| Nov 23, 2022 | 48.30 | 47.50 | +0.80 |
| Nov 3, 2022 | 48.20 | 47.20 | +1.00 |
| Oct 24, 2022 | 47.20 | 48.10 | -0.90 |
| Oct 5, 2022 | 49.10 | 48.40 | +0.70 |
| Sep 23, 2022 | 48.40 | 49.00 | -0.60 |
| Sep 5, 2022 | 49.60 | 50.90 | -1.30 |
| Aug 23, 2022 | 50.90 | 51.10 | -0.20 |
| Aug 3, 2022 | 52.10 | 52.80 | -0.70 |
| Jul 22, 2022 | 52.80 | 52.50 | +0.30 |
| Jul 5, 2022 | 53.70 | 53.10 | +0.60 |
| Jun 23, 2022 | 53.10 | 52.60 | +0.50 |
| Jun 7, 2022 | 53.10 | 51.80 | +1.30 |
| May 24, 2022 | 51.80 | 56.50 | -4.70 |
| May 5, 2022 | 58.20 | 57.60 | +0.60 |
| Apr 22, 2022 | 57.60 | 59.00 | -1.40 |
| Apr 5, 2022 | 60.90 | 59.70 | +1.20 |