The S&P Global Services PMI Flash for the United Kingdom came in at 53.1 for October 2026, according to data released at 08:30 GMT on 23 October 2026. The reading was above the market forecast of 51.8.
Comparison with the previous period
Against the previous period, the figure rose. The reading was 52.1, so the latest value was higher by a margin of one point, which is a modest gain for a survey of this kind.
The PMI is a survey of purchasing managers in the services sector. A reading above 50 indicates that activity expanded over the month, while a reading below 50 indicates contraction. The latest figure therefore points to continued growth in UK services activity.
Market context
In markets the same day, the S&P 500 closed at 7,663.43 points on 22 October 2026, down 1.21% from the previous close.
Related: UK Manufacturing PMI Flash Rises to 52.8 in October · German manufacturing PMI flash rises to 54.2 in October
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Source: S&P Global | Data: S&P Dow Jones Indices
