The IHS Markit/CIPS UK Composite PMI came in at 57.6 in November 2021, little-changed from the preliminary estimate of 57.7 and the previous month's final reading of 57.8. Service sector growth remained much stronger than the recovery in manufacturing production, with the latter once again held back by shortages of raw materials and electronics components. New order growth and the pace of job creation remained strong overall, while inflationary pressure continued to build. Operating expenses across the UK private sector was the steepest since January 1998, while prices charged by businesses also increased at the sharpest pace in more than two decades. source: Markit Economics
Composite PMI in the United Kingdom averaged 53.91 points from 2013 until 2021, reaching an all time high of 62.90 points in May of 2021 and a record low of 13.80 points in April of 2020. This page provides - United Kingdom Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Composite PMI in the United Kingdom is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Composite PMI is projected to trend around 53.80 points in 2022 and 53.40 points in 2023, according to our econometric models.