empty
 
 

24.07.202608:30:00UTC+00UK Services Sector Returns to Expansion as S&P Global PMI Climbs to 51.8 in July

The United Kingdom’s services sector moved back into expansion territory in July 2026, as the S&P Global Services PMI rose to 51.8 from 48.8 in June. The latest reading, updated on 24 July 2026, marks a notable turnaround after the index had dipped below the 50-point threshold that separates contraction from growth.

June’s figure of 48.8 had signaled a mild contraction in activity, raising concerns over momentum in the UK’s dominant services industry. The rebound to 51.8 in July suggests an improvement in business conditions, potentially reflecting firmer demand and stabilizing confidence among service providers.

While the data point to a positive shift in the short term, markets and policymakers will be watching upcoming releases closely to assess whether this return to expansion can be sustained in the face of ongoing domestic and global economic uncertainties.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback