FX.co ★ UK Private Sector Growth at 5-Month High

In March 2025, the S&P Global UK Composite PMI was recorded at 51.5, slightly adjusted downward from the initial estimate of 52.0, yet it remained above February's figure of 50.5. This reading suggests a modest expansion, representing the fastest growth observed since October 2024, primarily fueled by an upswing in service sector activities. Conversely, manufacturing output saw a significant decline. New orders fell for the fourth month in a row, although the rate of job reductions eased to its lowest level since November. At the same time, cost pressures continued to be significant.