UK services and manufacturing PMIs increased in July, with composite PMI at a 2-month high of 52.7.
The UK's services and manufacturing PMIs increased in July, with the composite PMI registering a 2-month high of 52.7, despite a slight miss compared to expectations. The services PMI reached 52.4, up from 52.1 in June, while the manufacturing PMI recorded 51.8, surpassing the 51.1 expectation and rising from 50.9 in the prior month. The positive PMI data suggest a promising start to the second half of the year.
July 23, 2024
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