United Kingdom S&P Global Services PMI Final

Info

History

Chart

Impact:

Medium

Source: S&P Global

Latest Release:

Date:

Big Surprise:

0.8

GBP

Actual:

50.8

Forecast: 50

Previous/Revision:

Period: Nov

Next Release:

Date:

Period: Dec

What Does It Measure?

The S&P Global Services PMI Final measures the economic health of the services sector in the United Kingdom, explicitly focusing on factors such as business activity, employment, and new orders within this vital industry. It encompasses key indicators including the general performance of service providers and is considered a national indicator, providing insights into expansion (a PMI above 50) or contraction (a PMI below 50) in this sector.

Frequency

This report is released monthly as a final figure, typically published on the first business day of the month following the reporting period.

Why Do Traders Care?

Traders closely monitor the S&P Global Services PMI Final due to its substantial influence on financial markets, including currencies like the GBP, as well as stocks and bonds. A higher-than-expected PMI can lead to bullish sentiment for the GBP, while disappointing results may prompt bearish reactions in equities and alter economic forecasts.

What Is It Derived From?

The S&P Global Services PMI is derived from a survey of purchasing managers within the services sector, with a focus on their activity levels, employment trends, and business sentiment. This survey utilizes a diffusion index methodology, where responses are weighted to reflect the overall sector's health based on the proportion of businesses reporting growth or decline.

Description

The S&P Global Services PMI Final is an essential gauge of economic performance in the UK’s services sector, reflecting changes in output, business expectations, and employment levels. By surveying service providers, it captures crucial insights into consumer demand and business confidence, serving as a significant indicator of overall economic health.

Additional Notes

This indicator is considered a leading measure of economic health as it reflects current business conditions and anticipates future activity. It is closely watched alongside other economic reports, enabling traders and analysts to form a comprehensive understanding of economic trends both regionally and globally.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for GBP, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Dec 03, 2025		50.5
Nov 05, 2025		51.1
Oct 03, 2025		51.9
Sep 03, 2025		53.6
Aug 05, 2025		51.2
Jul 03, 2025		51.3
Jun 04, 2025		50.2
May 06, 2025		48.9
Apr 03, 2025		53.2
Mar 05, 2025		51.1
Feb 05, 2025		51.2
Jan 06, 2025		51.4
Dec 04, 2024	50.8	50	52	0.8
Nov 05, 2024	52	51.8	52.4	0.2
Oct 03, 2024	52.4	52.8	53.7	-0.4
Sep 04, 2024	53.7	53.3	52.5	0.4
Aug 05, 2024	52.5	52.4	52.1	0.1
Jul 03, 2024	52.1	51.2	52.9	0.9
Jun 05, 2024	52.9	52.9	55
May 03, 2024	55	54.9	53.1	0.1
Apr 04, 2024	53.1	53.4	53.8	-0.3
Mar 05, 2024	53.8	54.3	54.3	-0.5
Feb 05, 2024	54.3	53.8	53.4	0.5
Jan 04, 2024	53.4	52.7	50.9	0.7