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<Econ> UK Mar S&P Global Composite PMI Output Falls to 50.3, Below Flash
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S&P Global released its Purchasing Managers' Index (PMI) survey showing that in March, UK business activity expanded at the slowest pace in six months. The seasonally adjusted Composite PMI Output Index came in at 50.3, down from 53.7 in February, indicating only a marginal increase in private sector output. The final reading was also below the flash estimate of 51.

Sector data showed that growth momentum in the services industry weakened, while manufacturing output declined again.

Related NewsInitial Jobless Claims for Mar/28 in the United States is 202K, lower than the previous value of 211K. The forecast was 212K.
The seasonally adjusted Services PMI Business Activity Index stood at 50.5 in March, down from 53.9 in February, marking the lowest level since Apr 2025. The final reading was also below the flash estimate of 51.2.

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Related NewsISM Services PMI for Mar in the United States is 54.0, lower than the previous value of 56.1. The forecast was 55.
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