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United Kingdom S&P Global Services PMI Flash fell to 53.9 in January 2026, released February 2026, down 0.1 from December's 54 reading. The reading matched the 53.6 consensus.
across last 5 releases
Feb 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.50 | FOREX | Bullish GBP | → View |
| EUR/GBP | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Bullish GBP | → View |
| FTSE 100 | ▲ Direct | +0.35 | INDEX | Bullish UK | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Services PMI Flash (United Kingdom) was reported at 53.90 in January 2026. This beat the market consensus of 53.60 by 0.30. The reading fell from the previous value of 54.00. This is classified as a high-impact indicator released on a monthly basis.
The indicator has been trending upward over the last three releases.
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with EUR/GBP, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Core Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update February 2026.
The UK S&P Global Services PMI Flash for November 2025 came in at 52.1, beating the consensus estimate of 52.0 and rising from October’s 50.5. This 1.6-point increase signals a return to modest expansion after two months near stagnation, reflecting improved demand and easing input pressures. Looking ahead, the data suggest resilience in the services sector despite monetary tightening, supporting a cautiously optimistic economic outlook for Q4 2025. Updated 12/16/25
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 typically move rates and currencies on release. Released monthly.
Latest reading (Feb 2026): actual 53.9, consensus 53.6. Prior reading (Dec 2025): 52.1. Before that (Nov 2025): 50.5.
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 GBP/USD (Bullish GBP, r=0.50) — a useful reference for forex-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Wednesday, June 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | PPI Core Output MoM | 0.7 | 0.5 | 0.50 | Low | ||
| 06:00 | PPI Core Output YoY | 2.4 | 2.4 | 2.40 | Low | ||
| 06:00 | PPI Output YoY | 4 | 4.5 | 4.50 | Low | ||
| 06:00 | PPI Input YoY | 7.7 | 8 | 8.00 | Low | ||
| 06:00 | PPI Output MoM | 1.4 | 0.5 | 0.50 | Low | ||
| 06:00 | Retail Price Index YoY | 3 | 3.3 | 3.30 | Low | ||
| 06:00 | Retail Price Index MoM | 0.7 | 0.5 | 0.50 | Low | ||
| 06:00 | PPI Input MoM | 2.4 | 0.5 | 0.50 | Low | ||
| 06:00 | Inflation Rate MoM | 0.7 | 0.5 | 0.50 | Medium | ||
| 06:00 | Core Inflation Rate YoY | 2.5 | 2.7 | 2.70 | Medium | ||
| 06:00 | Inflation Rate YoY | 2.8 | 3 | 3.00 | High | ||
| 06:00 | Core Inflation Rate MoM | 0.7 | 0.3 | 0.30 | Low | ||
| 06:00 | CPI YoY | 2.8 | 3 | 3.00 | High | ||
| 08:30 | House Price Index YoY | 0 | 2.8 | 2.80 | Low | ||
| Thursday, June 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Employment Change | 148 | 80 | 124.00 | Medium | ||
| 06:00 | Claimant Count Change | 26.5 | 25.8 | 25.25 | Low | ||
| 06:00 | Average Earnings excl. Bonus | 3.4 | 3.3 | 3.20 | Low | ||
| 06:00 | HMRC Payrolls Change | -100 | -80 | -80.00 | Low | ||
| 06:00 | Unemployment Rate | 5 | 5 | 4.95 | High | ||
| 06:00 | Average Earnings incl. Bonus | 4.1 | 4 | 4.00 | Medium | ||
| 11:00 | BoE Interest Rate Decision | 3.75 | 3.75 | 3.75 | High | ||
| 11:00 | BoE MPC Vote Hike | 19 | 29 | 29.00 | Medium | ||
| 11:00 | BoE MPC Vote Unchanged | 89 | 79 | 79.00 | Medium | ||
| 11:00 | BoE MPC Vote Cut | 9 | 9 | 9.00 | Medium | ||
| 11:00 | Interest Rate Decision | 3.75 | 3.75 | 3.75 | High | ||