Markit Company announced the UK May Services PMI Preliminary on 2025-05-22. The reported figure stands at 50.2, against a forecast of 50, with the prior figure recorded as 49.
Regarding the UK May Services PMI Preliminary, Actual value > Forecast value = Bullish for GBP, The Service Purchasing Manager Index (PMI) primarily reflects the views of managers in the service industry regarding the current business environment. A score of 50 is the dividing line for this index; a score below 50 indicates contraction in the service sector, while a score above 50 indicates expansion.
This data holds an importance level of , calculated using Survey of Managers in the Service Industry, and updates monthly.
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