United Kingdom S&P Global/CIPS Services PMI registered at 52.9, below expectations (54.7) in May

May 23, 2024

United Kingdom S&P Global/CIPS Manufacturing PMI above forecasts (49.5) in May: Actual (51.3)

UK Preliminary Services PMI declines to 52.9 in May vs. 54.7 expected

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rebounded from 49.1 in April to 51.3 in May, beating 49.5 expectations.