2025.08.0508:58:47UTC+00UK Composite PMI Revised Higher

The UK S&P Global Composite PMI experienced a slight decline to 51.5 in July 2025, down from 52 in June, though it was adjusted upward from an initial estimation of 51. This marks the third consecutive month that the index has remained above the expansionary threshold. The modest deceleration can be attributed to a weaker growth in the services sector, which registered 51.8 compared to 52.8 in June, alongside an ongoing contraction in manufacturing, which dropped to 48.0 from 47.7. There was also a renewed contraction in new business, reversing the slight recovery observed in June. The decrease in new orders intensified pressures on businesses, resulting in another reduction in employment within the private sector, with job losses reaching their most significant point since February. On the inflation front, pressures on input costs continued to lessen. Although the overall cost pressures remain high, the rate of increase has slowed to its lowest level since December 2024, indicating a gradual easing of price pressures.