FX.co ★ UK Services Sector Growth Revised to Near 1-Year High

In June 2025, the S&P Global UK Services PMI was adjusted upward to 52.8, an increase from the preliminary figure of 51.3 and notably higher than May's 50.9. This data reflects a stronger expansion in the UK's services sector — the most robust performance observed since August 2024 — driven by a renewed uptick in order books. New orders saw a modest increase, marking the second growth occurrence of the year and the fastest rate since November 2024, spurred by heightened demand in domestic markets. Regarding pricing, input cost inflation slowed for the second consecutive month, reaching its lowest point in 2025 thus far. This deceleration led to the smallest increase in service providers' prices in nearly four-and-a-half years.