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macroJul 24, 2026, 8:36 AM

UK Services PMI Returns to Growth in July at 51.8

The UK S&P Global Services PMI rose to 51.8 in July, signaling a return to expansion after a contraction in June.

GBPUSD

The UK S&P Global Services Purchasing Managers’ Index (PMI) returned to growth in July, coming in at 51.8 according to preliminary data. This marks a rebound from June's reading, which had fallen below the 50.0 threshold that separates expansion from contraction.

A reading above 50.0 indicates expansion in the services sector. The July figure suggests renewed positive momentum, though the sustainability of the recovery remains to be seen in upcoming data releases.

Source: FXStreet Forex News