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United Kingdom GBP

United Kingdom S&P Global Composite PMI Final

Info

History

Chart

Impact:

Low

Source: S&P Global

Latest Release:

Date:

Surprise:

0.6

Actual:

50.5

Forecast: 49.9

Previous/Revision:

51.8

Period: Nov

Next Release:

Date:

Forecast: 52.1

Period: Dec

What Does It Measure?

The S&P Global Composite PMI Final for the United Kingdom measures the overall health of the country's service and manufacturing sectors, focusing on production, employment, and new orders. It assesses key indicators such as business activity and sentiment, providing insights into economic growth, where a reading above 50 indicates expansion and below indicates contraction.

Frequency

This report is released monthly, typically around the first business day of the following month, and it represents the final figure for the previous month.

Why Do Traders Care?

Traders monitor the Composite PMI as it provides timely insights into economic activity, influencing financial markets significantly. Higher-than-expected readings can be bullish for the British pound and UK equities, while weaker outcomes tend to have a bearish impact.

What Is It Derived From?

The PMI is derived from a survey of approximately 1,000 purchasing managers across manufacturing and service sectors, utilizing a diffusion index approach based on responses regarding changes in business activity. The indices are weighted to reflect the size of the sectors, providing a reliable snapshot of economic conditions.

Description

The S&P Global Composite PMI combines data from the Manufacturing PMI and Services PMI, aiming to present a comprehensive picture of the economic landscape by gauging business sentiment and activity levels. It is recognized as a leading indicator that can provide early signals of economic trends, directly influencing investment and spending decisions.

Additional Notes

This indicator typically serves as a leading economic measure, reflecting future economic performance by assessing current business conditions. It is closely watched in relation to other economic indicators, such as inflation and employment data, as part of a broader analysis of the UK economy.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for GBP, Bullish for Stocks. Lower than expected: Bearish for GBP, Bearish for Stocks. The tone is generally dovish if the Composite PMI indicates slowing economic growth, signaling lower interest rates which are typically good for the currency but bad for stocks due to expectations of reduced corporate profitability.

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
Sep 03, 2025		53
Aug 05, 2025		51
Jul 03, 2025		50.7
Jun 04, 2025		49.4
May 06, 2025		48.2
Apr 03, 2025		52
Mar 05, 2025		50.5
Feb 05, 2025		50.9
Jan 06, 2025		50.5
Dec 04, 2024	50.5	49.9	51.8	0.6
Nov 05, 2024	51.8	51.7	52.6	0.1
Oct 03, 2024	52.6	52.9	53.8	-0.3
Sep 04, 2024	53.8	53.4	52.8	0.4
Aug 05, 2024	52.8	52.7	52.3	0.1
Jul 03, 2024	52.3	51.7	53	0.6
Jun 05, 2024	53	52.8	54.1	0.2
May 03, 2024	54.1	54	52.8	0.1
Apr 04, 2024	52.8	52.9	53	-0.1
Mar 05, 2024	53	53.3	52.9	-0.3
Feb 05, 2024	52.9	52.5	52.1	0.4
Jan 04, 2024	52.1	51.7	50.7	0.4