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United Kingdom S&P Global Services PMI climbed to 51.8 Points in June 2026, released July 2026, up 3 Points from May's 48.8 Points reading. The reading matched the 49.4 Points consensus.
across last 12 releases
Jul 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| FTSE 100 | ▼ Inverse | −0.53 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.32 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Services PMI (United Kingdom) was reported at 51.80 Points in June 2026. This beat the market consensus of 49.40 Points by 2.40 Points. The reading rose from the previous value of 48.80 Points. Over the past 12 months, the indicator has averaged 51.65 Points, ranging from 47.90 Points to 54.20 Points across 20 releases. This is classified as a high-impact indicator released on a monthly basis.
The trailing three releases averaged 49.93 Points, down from the prior three at 50.10 Points. Volatility over the past year (σ 1.70 Points) is higher than the prior year (σ 1.33 Points). In July readings over the past 3 years, S&P Global Services PMI has averaged 51.88 Points.
Historically, this indicator is negatively correlated with FTSE 100 (Bearish FTSE 100). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.95 Points.
The next release is scheduled for August 21, 2026. Same-country events in the next 14 days include CFTC GBP speculative net positions (Jul 31) and S&P Global Construction PMI (Aug 6).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
The S&P Global Services PMI is a widely recognized financial indicator that measures the performance of the global services sector. It provides valuable insights into the health and growth of the services industry, which accounts for a significant portion of the global economy. This indicator is based on a monthly survey of purchasing managers in key service sectors, providing timely and reliable data on business activity, new orders, employment, and prices. The S&P Global Services PMI is a crucial tool for investors, businesses, and policymakers in making informed decisions and assessing the overall economic outlook.
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jul 2026): actual 51.8 Points, consensus 49.4 Points. Prior reading (Jun 2026): 48.7 Points. Before that (May 2026): 49.3 Points.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bearish FTSE 100, r=-0.53) — a useful reference for index-focused traders.
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Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | BoE Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High | |
| 11:00 | BoE MPC Vote Cut | 9 | 9 | 9 | 9.00 | Medium | |
| 11:00 | Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High | |
| 11:00 | BoE MPC Vote Hike | 39 | 29 | 29 | 34.00 | Medium | |
| 11:00 | BoE MPC Vote Unchanged | 69 | 79 | 79 | 74.00 | Medium | |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Nationwide Housing Prices YoY | 1.8 | 2.2 | 1.9 | 2.07 | Medium | |
| 06:00 | Nationwide Housing Prices MoM | 0.1 | 0 | 0.1 | 0.28 | Medium | |