U.K. Services Purchasing Managers Index (PMI)

GBP
Actual
49.2
Forecast
50.0
Previous
50.9
Latest Release
Sep 23, 2022
Importance
Overview
The Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 05, 2022 (Sep) 10:30 - 49.2
49.2
Sep 23, 2022 10:30 49.2 50.0
50.9
Sep 05, 2022 (Aug) 10:30 50.9 52.5
52.6
Aug 23, 2022 10:30 52.5 52.0
52.6
Aug 03, 2022 (Jul) 10:30 52.6 53.3
54.3
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