The United Kingdom’s S&P Global Composite Purchasing Managers’ Index (PMI) for January came in at 53.7, slightly below market expectations of 53.9, according to the latest data released by FXStreet. This marginal miss signals a modest slowdown in the country’s economic momentum at the start of the year, reflecting ongoing challenges in both manufacturing and services sectors. Analysts will be closely monitoring upcoming reports to assess whether this dip marks a temporary fluctuation or the beginning of a more sustained economic cooling.
United Kingdom S&P Global Composite PMI Signals Slower Expansion Than Anticipated
The latest data from the S&P Global Composite PMI for the United Kingdom revealed a cooling pace of economic activity in January, registering at 53.7, slightly missing the forecasted 53.9. While remaining above the 50-mark that separates expansion from contraction, the figure suggests that the post-pandemic recovery is losing some momentum. Key sectors such as…
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Author : Olivia Williams
Publish date : 2026-02-05 01:55:00
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