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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom S&P Global Services PMI fell to 52.1 Points in September 2026
FMPMonthlyReleased October 2026
United Kingdom S&P Global Services PMI fell to 52.1 Points in September 2026, released October 2026, down 0.4 Points from August's 52.5 Points reading. The reading matched the 51.7 Points consensus.
Latest Release
52.100000
Actual
51.700000
Consensus
52.500000
Previous
Median Absolute Error
±0.72
across last 12 releases
Last Call
Oct 2026
Predicted: 52.01
Actual: 52.1
Error: -0.09
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
S&P Global Services PMI (United Kingdom) was reported at 52.10 Points in September 2026. This beat the market consensus of 51.70 Points by 0.40 Points. The reading fell from the previous value of 52.50 Points. Over the past 12 months, the indicator has averaged 51.59 Points, ranging from 47.90 Points to 54.00 Points across 20 releases.
WHY IT MATTERS
The trailing three releases averaged 52.10 Points, down from the prior three at 52.23 Points. Volatility over the past year (σ 1.57 Points) is higher than the prior year (σ 1.35 Points). In October readings over the past 3 years, S&P Global Services PMI has averaged 51.64 Points.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with FTSE 100 (Bearish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.72 Points.
WHAT TO WATCH NEXT
The next release is scheduled for October 23, 2026. Same-country events in the next 14 days include House Price Index YoY (Oct 7) and House Price Index MoM (Oct 7).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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S&P Global Services PMI - UK
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About S&P Global Services PMI — United Kingdom
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 52.1 Points, consensus 51.7 Points. Prior reading (Sep 2026): 51.7 Points. Before that (Aug 2026): 52.5 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - UK Events
| Monday, October 5, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:30 | UK | S&P Global Composite PMI | 52 | 52.5 | 51.7 | 51.85 | Low |
| 08:30 | UK | S&P Global Services PMI | 52.1 | 52.5 | 51.7 | 51.90 | Low |
| Tuesday, October 6, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:30 | UK | S&P Global Construction PMI | 46.1 | 44.3 | 45.2 | 45.65 | Medium |
| Wednesday, October 7, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | UK | House Price Index YoY | -0.4 | -0.2 | -0.05 | Medium | |
| 06:00 | UK | House Price Index MoM | -0.2 | 0.2 | 0.25 | Medium | |
| 09:00 | UK | BBA Mortgage Rate | 6.58 | 6.6 | 6.60 | Low | |
| 23:01 | UK | RICS House Price Balance | -28 | -30 | -30.00 | Medium | |