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PMI

  • Strong services sector helps UK economy continue to ‘gain momentum’, but inflationary fears mount

    April 23, 2024

    Although the manufacturing sector recorded a marginal decline in activity in April, output from the services sector climbed for the sixth consecutive month.

  • UK services sector continues to grow driving fears of ‘sticky’ inflation

    April 4, 2024

    Firms in the service sector noted that economic conditions were slowly improving, but flagged household incomes remained constrained due to higher interest rates.

  • UK economy ahead of rivals as prospects for 2024 look rosy

    April 4, 2024

    The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.

  • ‘Recovered from doldrums’: UK manufacturing returns to growth for first time since July 2022

    April 2, 2024

    Output and new orders for manufacturing firms increased for the first time in a year helping business optimism about the year ahead to hit an 11-month high.

  • UK economy sees another ‘robust expansion’ in March as manufacturing sector improves

    March 21, 2024

    The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watch survey suggests.

  • Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence

    March 6, 2024

    The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.

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