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<Econ> UK May Composite PMI Falls to 48.5, Enters Contraction; Hits Over 1-Year Low and Misses Forecast
S&P Global announced that, after seasonal adjustment, the UK May preliminary Composite Purchasing Managers' Index (PMI) plunged from 52.6 in April to 48.5, marking a 13-month low a...
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<Econ> UK May Composite PMI Falls to 48.5, Enters Contraction; Hits Over 1-Year Low and Misses Forecast
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S&P Global announced that, after seasonal adjustment, the UK May preliminary Composite Purchasing Managers' Index (PMI) plunged from 52.6 in April to 48.5, marking a 13-month low and missing market expectations of 51.6. It fell back into contraction territory for the first time since April 2025.

The UK May preliminary Manufacturing PMI remained unchanged MoM at 53.7, beating market expectations for a decline to 53. The preliminary Services PMI dropped from the previous 52.7 to 47.9, below the expected 51.7, hitting a 64-month low. (da/u)

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